House Deposit Savings Calculator


When you want to make that first step onto the property ladder, one of the first questions can be around a house deposit. How much do you need for one, and how long it will take to save? How do you make the dream of home ownership a reality?

To help you on your journey to becoming a homeowner or upgrading your current property, we’ve created a handy house deposit savings calculator and planner to help you easily organise your finances.

Our easy-to-use house deposit calculator allows you to find out how much you need to save per month, and how long you need to save for before you reach your target. It’s worth noting that the higher your deposit, the better your mortgage rate too!


How to use our house deposit calculator

1. Set your goal

Enter the amount of money you’d like to save towards your house deposit. Deposits are normally between 5% and 20% of the total house price. Putting down a larger deposit can be more economical, as your mortgage rate will be lower, but a smaller deposit, along with a buying scheme may get you on the ladder quicker.

2. Tell us how much you can save towards your new home

Enter the amount of money you can comfortably save each month. To work this out you need to consider any outgoings you are currently paying. This could include set things like rent and bills, as well as outgoings that can vary such as food shopping. You should select an amount to save that still leaves you with a buffer for unexpected monthly costs, so your saving amount stays protected.

3. Let us know how much you have saved already

You may have already made a start with saving. If so, that’s great. Enter the amount of money you already have saved so that we can consider that in the calculations. Whether that’s £100 or £10,000, it all counts.

4. Select your gross annual interest

If you’ve already set up a savings account ready for your house deposit, enter the estimated annual interest rate. This will allow us to calculate the amount of interest you will make on your savings for the time it takes to save.

5. Done!

That’s all the info, now to the side of the calculator, you will be able to see the date when you will have your deposit and how long away that is. We provide tips on how much sooner you can reach that goal if you have the flexibility to up the amount you’re saving each month. Use the calculator as much as you would like to find your perfect saving plan.

How long will it take to reach my goal amount?

What is your goal?


How much can you save


How much have you saved already?


Gross annual interest
rate on your savings (in %)


It will take you until:

(6 years)
to save £30,000
at £5,000 per year

Still haven't found what you're looking for?

Terms & Conditions: Please note that all options will be dependent on the specification for your new home, and availability is according to key build stages. All options and extras will require 50% upfront payment at time of ordering. The final balance must be paid before completion and will not be refunded in case of home purchase cancellation.


References to “we”, “us” or “our” are to the part of the Vistry Group (including Linden Homes, Bovis Homes, Countryside Homes, Drew Smith, Vistry Ventures or one of Vistry’s joint venture companies) from which you are intending to purchase a new home. References to "you” and “your” are to the prospective buyer or buyers of a new home from us.

All images are used for illustrative purposes only and are representative only. They may not be the same as the actual home you purchase and the specification may differ. Images may be of a slightly different model of home. Individual features such as windows, brick, carpets, paint and other material colours may vary and also the specification of fittings may vary. Any furnishings and furniture are not included in any sale. Please check with our sales consultants for details of the exact specifications available at the development(s) for each type of home and the associated prices.