Deposit savings calculator

Calculate how much you need to save, and for how long, to put together a deposit on your dream home.

Deposit goal R 0.00
Monthly saving amount required R 0.00
Total savings required R 0.00
Facebook Twitter WhatsApp LinkedIn Email

More calculators

Deposit Savings calculator help

The more information you can provide, the more accurate your estimate will be.

Bond/Loan amount

The size of your deposit will determine your bond/loan amount.

Deposit percentage required

The banks typically work on a deposit that is 10% of the purchase price of the property.

Existing savings

Any current savings you might have, which could go towards a deposit, as part of the transaction to buy your new home.

Deposit required date

The date by which you will need to pay the deposit and therefore the amount of time you have to save.

Savings interest rate

The interest rate offered by the bank or other financial institution where your deposit savings are held.

Deposit goal

The total amount you need to save for a deposit on your new home.

Monthly savings amount required

The monthly amount you need to save towards a deposit on your new home.

Total savings required

The total deposit amount you need to save to meet the bank's requirements (typically 10% of purchase price).