Saving $150,000 Down on a $750,000 Home
See how long it takes to accumulate a $150,000 down payment on a $750,000 home saving $3,000 per month.
How to use this tool
- Enter target home price, down payment target, current savings toward down payment, monthly savings contribution and savings account rate in the fields above.
- Results update instantly as you type — or click Calculate.
- Read your months to goal and the full breakdown beneath it.
Plan your savings journey toward a 20% down payment on a $750,000 home with $3,000 in monthly contributions.
Frequently asked questions
- How much do I need for a down payment?
- Conventional loans typically require 5–20% down. Putting 20% down avoids PMI and gives you more equity from day one. FHA loans require 3.5% but add mortgage insurance. Some first-time buyer programs allow 0–3% down.
- Where should I keep my down payment savings?
- Keep the funds in a high-yield savings account or money market — FDIC insured, liquid, and earning interest. Avoid investing in stocks for a near-term goal, as market volatility could delay your timeline.