First-time buyer deposit calculator
See what a 5%, 10% or 15% first-time buyer deposit could look like and how much you may need to save.
Important information
Your home may be repossessed if you do not keep up repayments on your mortgage.
This information is computer generated, based on the figures you enter, rounded values and standard assumptions. It is designed as a useful guide only. Always confirm costs, eligibility, fees and lender criteria with a qualified adviser and a formal illustration before acting.
This calculator is a guide for first-time buyers. The right deposit amount depends on the property price, lender criteria, your credit profile and the monthly payment you feel comfortable with.
Want help turning these numbers into a real mortgage plan?
Calculators are useful for getting a rough idea, but every lender assesses things a little differently. If you would like advice based on your own situation, speak to a qualified mortgage adviser.
Speak with a mortgage adviser