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First-Time Buyer Savings Calculator

The First-Time Buyer Savings Calculator helps first-time buyers understand how much they may need to save before purchasing a home. Enter your target property price, preferred deposit percentage, current savings and monthly saving amount to create a personalized goal. The calculation includes your deposit, estimated first-time buyer Stamp Duty for England and Northern Ireland, conveyancing, property survey, mortgage fees, other buying costs and an emergency reserve. Results show your complete savings target, current progress, remaining savings gap and the estimated number of months needed. You can also enter a preferred purchase date to see the monthly contribution required and compare how 5%, 10% and 15% deposits could affect your target and timeline. No savings interest is assumed. Updated Jul 29, 2026
FTB Savings

First-Time Buyer Savings Calculator

The First-Time Buyer Savings Calculator helps first-time buyers estimate how much they need to save before buying a home. Enter your target property price, preferred deposit percentage, current savings and planned monthly contribution to create a realistic savings target.

What the Calculator Includes

The calculator automatically includes first-time buyer Stamp Duty for properties in England and Northern Ireland, along with conveyancing, property survey, mortgage, moving and other buying costs. You can also include an emergency reserve so that your savings are not completely used on the deposit and purchase fees.

What Your Results Show

Your results show the required deposit, estimated buying costs, total savings target, remaining savings gap and approximate number of months needed to reach your goal. You can enter a preferred purchase date to see the monthly amount required or compare 5%, 10% and 15% deposit scenarios.

How the savings timeline is calculated: The timeline is based only on your current savings and monthly contributions. It does not assume that your savings will earn interest, providing a simpler and more cautious estimate.

Calculator Disclaimer

Calculators and cost estimates provided by ADVAITH HOMES are for general information and budget planning only. They are not legal, tax, financial, mortgage, surveying or regulated insurance advice.

Estimated buying costs: Conveyancing, property surveys, specialist inspections, mortgage fees, removals, other buying costs and emergency reserves are indicative average planning figures. Actual costs can vary depending on the property's price, size, age, location, type, tenure, condition, transaction complexity and the professional selected. Obtain itemised quotations before committing to a purchase.

Tax, mortgage and insurance: Property tax calculations, mortgage estimates, income multiples, insurance costs and eligibility results are illustrative only. Tax rules, lending criteria, insurance terms and government thresholds can change. A calculator result is not a Mortgage in Principle, mortgage offer, insurance quotation or guarantee of eligibility.

Before making a financial commitment: Confirm important figures with your solicitor, licensed conveyancer, surveyor, lender, tax professional, insurer or FCA-authorised adviser.