Calculate your target down payment across loan types and see your PMI-avoidance threshold, so you know the real total cash you need to save.
Backed by a 30-day money-back guarantee. If it is not useful, we will refund it, no questions asked.
Buyers don't know their real target number once closing costs, PMI thresholds, and loan type are factored in. This tracker starts with your target home price and loan type, FHA usually needs 3.5% down, conventional needs anywhere from 3-20%, then adds a closing cost estimate (2-5% of home price is typical) so you're saving toward the real total cash needed, not just the down payment alone.
Log what you save each month and the sheet totals your progress automatically, with Remaining to Goal counting down what's left between your total cash-needed target and what you've saved. If you're aiming for 20%+ down on a conventional loan, the sheet flags that threshold, avoiding PMI can save hundreds per month.
Most down payment advice stops at "save 20%," but the real number includes closing costs and depends entirely on your loan type. Once we split those out and added a PMI-avoidance flag, saving toward the actual total finally felt achievable instead of a moving target.
— DaveWays
Calculates your target down payment by loan type, plus a closing cost estimate, so you know the true total cash needed.
See exactly when you cross the 20% conventional threshold, avoiding PMI can save hundreds per month.
Remaining to Goal counts down automatically as you log monthly savings.
Does this tell me which loan type is best for me?
No, it calculates targets for both FHA and conventional so you can compare; a lender can help you decide which fits your situation.
What if my target home price changes?
Update it in the sheet; your down payment target, closing cost estimate, and remaining-to-goal all recalculate automatically.
Does this include mortgage payment estimates?
No, it focuses specifically on the down payment and closing cost savings goal, not ongoing mortgage payments.
Down Payment Quick-Calc (Lite), yours free with this purchase (a $5 value): a simplified single-page version to calculate your target today.
First Home Down Payment Tracker is $14.99 USD, one-time payment, instant delivery, no subscription. Covered by our 30-day money-back guarantee. See our refund policy and terms.
