Skip to main content
Menu
DashboardPricingSupportFeatures
Budget PlannerSavings GoalRetirementHome AffordabilityEMI CalculatorDebt PayoffIn-Hand SalaryInflationEmergency FundSIP Calculator
FeaturedWhat is Nami?The Nami AppExpense Tracker AppFamily Budgeting AppBudget TemplatesExpense SheetExpense Report GeneratorExpense Tracking GuideGlossary
Budgeting & TrackingBudgeting GuideExpense TrackingDaily TrackingUPI Spend TrackingFamily Budget GuideMoney Habit StreakChoose a Tracker
Investing & WealthSIP MagicRetirement PlanningBeat InflationSIP vs RDNet Worth Guide
Savings & TaxSavings Goal PlaybookEmergency FundSave Your First ₹1 LakhSubscription AuditELSS vs PPFFestival Budget
Life DecisionsHome AffordabilityBill SplittingDebt PayoffCash Tracking
View all articles
Get Started

House Down Payment Calculator — Save for Your Home

Lenders finance most of a home, but the 10–25% down payment is on you — and it's usually the biggest hurdle. Set the property price and your move-in timeline to see exactly how much to save each month.

Goal amount

₹20,00,000

Example target for a house down payment

Timeline

4 years

48 months to save

Save per month

₹41,667

~₹1,389/day

How the math works

A savings goal is simple straight-line math: divide what you still need by the number of months you have. For this example, ₹20,00,000 ÷ 48 months = ₹41,667 per month. Already have something saved? Subtract it first — the calculator above does this automatically.

Tips for saving for a house down payment

  • Plan for 20% down plus stamp duty and registration (another 5–8%) so closing doesn't catch you short.
  • A bigger down payment lowers both your EMI and the total interest over the loan's life.
  • Keep the fund in safe, liquid instruments — you can't risk this money in equities.
  • Track your spending to free up a larger monthly surplus and reach the goal faster.

Plan it with your own numbers

Open the full Savings Goal Calculator to set your own target and deadline, compare conservative/balanced/aggressive plans, and see a month-by-month roadmap to a house down payment.

Open the calculatorTrack this goal in Nami
FAQ

Common questions

To save ₹20,00,000 for a house down payment in 4 years, you'd set aside about ₹41,667 every month — roughly ₹1,389 a day. Use the calculator above to plug in your own target and timeline.
It depends on how much you can save each month. Saving ₹41,667/month reaches ₹20,00,000 in 4 years. Save more each month and you'll get there sooner — the calculator shows your exact finish date.
No. This is a straight-line savings plan — it assumes you set aside a fixed amount each month with no market returns or inflation. That's the safe, predictable way to plan a short-to-medium-term goal where you can't risk the money. For longer goals, a SIP may help your savings grow faster.
For a goal you'll spend within a few years, keep it safe and accessible — a high-interest savings account, a sweep-in fixed deposit, or a liquid fund. Avoid equities for short-term goals, since a market dip could leave you short right when you need the cash.
Automate a fixed transfer right after payday, redirect bonuses and windfalls straight into the goal, and track your spending to free up a bigger monthly surplus. Even a small increase to your monthly amount can shave months off the timeline.

Plan another goal