Buyer tools
Deposit calculator
See how much deposit you may need and what your savings target looks like.
Before you start
A deposit is only part of the upfront cost
This calculator helps you estimate the deposit for a property price, but most buyers will also need to plan for extra buying costs as well.
- • The deposit is the amount you put in upfront
- • Buying costs can include legal fees, surveys, and mortgage fees
- • It helps to look at both before deciding what feels affordable
Your numbers
Results
Current deposit
8.0%
Target deposit amount
£25,000
Mortgage needed
£230,000
Still needed to target
£5,000
With a property price of £250,000 and savings of £20,000, you currently have about 8.0% saved.
What this means
Your deposit snapshot
A quick view of where your current deposit puts you for this property price.
Property price
£250,000
Deposit
£20,000
Deposit percentage
8.0%
Estimated mortgage needed
£230,000
This can still be workable, but your mortgage may be bigger and your options may be more limited.
Next step
Work out your likely monthly cost
Now that you have a deposit target, estimate your monthly outgoings so you can see what owning may really cost each month.