Deposit Calculator

Deposit Time Line Calculator

Target Property Price ($) Current Savings ($) Monthly Savings ($) Savings Interest Rate 4.5%

0.0%8.0%

YOUR CURRENT DEPOSIT IS

4.6%

$30,000 of $650,000

Deposit Milestones

Notes

This calculator shows when you'll reach key deposit milestones (5%, 10%, 15%, 20%) based on your savings, monthly contributions, and savings rate. It compares LMI costs at each milestone to help you decide the optimal time to buy.

Note: LMI is an estimate and may differ across lenders, property use, and property types.

Contact us

First Name

Last Name

Phone

Client Results

Real outcomes, measurable impact

Clients Served

1500+

Years of experience

15+

Approval Rate

99%

"I couldn’t be happier with the service I received. The team guided me through every step, answered all my questions, and made mortgage process stress-free."

Blanche Field

Lovely Customer

"I couldn’t be happier with the service I received. The team guided me through every step, answered all my questions, and made mortgage process stress-free."

Stella Davis

Lovely Customer

"I couldn’t be happier with the service I received. The team guided me through every step, answered all my questions, and made mortgage process stress-free."

Dana Lake

Lovely Customer

“Professional, responsive, and truly client-focused. Mortgage Counsel helped us refinance our home smoothly and saved us money in the long run. An excellent experience overall.”

Emma Thompson

Property Investor

“As a first-time buyer, I had many questions, but Mortgage Counsel guided me with honesty and expertise. Their personalized approach really set them apart from others.”

David Miller

First-Time Home Buyer

Mortgage Counsel made the entire home loan process simple and stress-free. Their team explained every step clearly and helped us secure the best possible rate. Highly recommended for anyone planning to buy a home.