Real Estate
First-Time Homebuyer Savings Calculator
Set a target down payment and current savings — see how long it takes to get there.
Months to goal
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- Years
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- Interest earned
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- Total contributed
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FAQ
Where to keep down payment savings? +
High-yield savings account (4-5% APY in 2026). Not stocks — too volatile for short-term goals.
Can I use 401k? +
First-time buyers can withdraw up to $10k penalty-free from IRAs. 401k loans up to 50% balance / $50k. Both have tradeoffs — prefer to save outside retirement.