Deposit Savings Calculator (2026)

Calculate how long it will take to save for a house deposit in Australia. Enter your target, current savings, monthly contributions, and interest rate to see your timeline.

FormulaBalance(n) = Balance(n-1) \u00d7 (1 + r/12) + Monthly Savings
Step 1

Input Values

The total deposit you need to save

How much you have saved so far

How much you can save each month

Annual interest rate on your savings account

Step 2

Results

Months to Goal

0.00

Years to Goal

0.00

Total Interest Earned

$0.00

Total Saved

$0.00

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Frequently Asked Questions