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How long until I have enough saved, and what would I need to put away each pay?

See when your savings could reach a cash or property goal.

These are example figures

Change any of them and the answer updates straight away.

Your goal

Goal type

Your property purchase

Sets standard residential transfer duty

Pay mortgage insurance

How you save

How often you save

Rate and deadline

Fine-tune the savings estimate.

Nominal annual rate, before tax

Time to your goal

3 years 7 months

Your answer

Time to your goal

3 years 7 months

With a steady savings rate and regular deposits

Saving $250 a week could get you to $60,000 in 3 years 7 months.

Savings goal
$60,000
To reach it in 3 years
$304 / week
Required regular deposit
Interest earned
$5,571
Before tax and account fees

Your savings over time

Savings balanceSavings goal
Compare your projected balance with the goal line over time.

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How you get there

Saved so far
$8,000
New deposits
$46,583
Interest earned
$5,571
Projected balance
$60,155

  • Contribution timing

    Weekly and fortnightly amounts become average monthly deposits.

    Same as A.R.I.
  • Interest

    Fixed nominal annual rate, compounded monthly before the monthly deposit.

    Reference
  • Projection limit

    Up to 1,200 months; later reachability is unknown.

    Reference
  • Tax

    Interest tax, account fees and inflation are excluded.

    Reference
  • Property costs

    Standard residential duty plus entered costs; LMI is included only when paid upfront.

    Same as A.R.I.

Anyone with the link sees these figures. No account needed.

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Keep this plan working for you

Your result stays on screen either way. An account adds the parts that follow you.

  • Save your scenarios

    Keep this plan alongside your Portfolio goals and return to it later.

  • Start from your Portfolio

    Fills an unambiguous cash goal and your savings assets from your Portfolio for review.

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