How Much Is Enough for Your Dream Home?

A home is the biggest purchase most people make. Know exactly how much you need and when you'll get there.

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Target down payment amount

$500,000
$
$0
$
$500
$
10 years
yrs
7%
%

Adjust for Inflation

Show values in today's purchasing power

Your Custom Fields

No custom fields yet. Add your own expenses, income, or one-time costs to personalize your plan.

Your Enough Plan

17% of your enough number

Enough Number: $500,000

Projected: $85,526

Growth Projection

$0$200K$400KEnoughJul 26Nov 27Mar 29Jul 30Nov 31Mar 33Jul 34Nov 35Jul 36
Balance Contributed Enough

Timeline

25%August 2039
50%June 2046
75%January 2051
TodayProjected: August 2054

Monthly Savings Target

$2,923

per month to reach your goal

Current: $500

You need $2,423 more per month

That's about $97 per day

What If?

+$100/mo

Add $100 per month

27 mo. sooner

$102,631

+$200/mo

Add $200 per month

50 mo. sooner

$119,736

-2% return

Bear market scenario

63 mo. later

$77,182

What If You Saved Your Next Raise?

5%
1%15%
50%
0%100%
ScenarioFinal MonthlyTotal Saved (10yr)
Save Nothing$500/mo $85,526
Save 50%$640/mo $94,512
Save ALL$814/mo $104,693

Saving ALL your raises instead of nothing nets you $19,167 more over 10 years.

Life Seasons

Add upcoming life events to see how they affect your monthly budget.

Click an event above to add it to your timeline.

How You Compare

Starter Home$50,000 down
Mid-Range$80,000 down
Premium$130,000 down

Key Insights

  • At your current pace, you'll reach enough by August 2054.
  • You're 17% of the way to your enough number of $500,000.
  • At this rate, you'll reach your goal 18.1 years late.
  • Increasing your contribution by $2,400/month would put you on track to reach your goal on time.
  • Increasing contributions by just $50/month could shave 15 months off your timeline.
  • Your savings rate is ~8% — every dollar counts. Can you find $50 more per month to boost it?

Coach's Corner

🏠

The 20% Down Payment Myth

You don't need 20% down to buy a home. FHA loans require 3.5%, and some conventional loans start at 3%. The trade-off is PMI ($100-300/mo), but it drops once you hit 20% equity.

📝

Budget for Closing Costs

Closing costs are typically 2-5% of the home price and are often forgotten. On a $400K home, that's $8K-20K on top of your down payment.

💡

Pay Yourself First

Transfer savings the day you get paid, not at the end of the month. You can't spend what you've already saved. This single habit separates savers from spenders.

Export Results

Prep for Your Next Role

Practice interview questions tailored to the salary you need to hit your "enough" number.

Enough Number

$500,000

Progress

17%

Planning Your Down Payment

Most lenders require 3–20% of the home price as a down payment. A 20% down payment avoids private mortgage insurance (PMI), which can save you $100–$300+ per month.

For a $400,000 home, that's $80,000 at 20%, or $12,000 at 3%. Our calculator helps you set your target and build a plan to reach it.

Beyond the Down Payment

Don't forget closing costs (typically 2–5% of the home price), moving expenses, and an emergency reserve. A good rule of thumb: save for your down payment plus 3–6 months of housing costs as a buffer.

Where to Keep Your Down Payment Savings

If you're buying within 1–3 years, keep funds in a high-yield savings account (currently 4–5% APY). For longer timelines (5+ years), a balanced investment portfolio may offer better growth but with more risk.

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Frequently Asked Questions