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🏡 House Deposit planner

House Deposit Planner

See exactly how much to save per month for a 10% or 15% UK house deposit.

Your goal

Your roadmap

£29,500 to go

1096 days · 156.6 weeks · 36 months until 3 Aug 2029

23

Success score

£500 saved2%£30,000

Per day

£26.92

Per week

£188

Fortnightly

£377

Per month

£819

Trim monthly spending

You'd need 117% of your disposable income. Cutting £135/month from subscriptions and takeaways typically closes half the gap.

Add extra side income

Tutoring, freelance, weekend shifts or reselling can add £200–£400/month — often the difference between stretch and comfortable.

Assign your next bonus

A £1,000 workplace bonus routed straight to this pot advances your target date by ~1 month at current pace.

Consider extending the date

Adding 49 months would drop your monthly target to a realistic £347.

Motivation

You've already covered 2%. Small wins compound — a £5/day cut equals £150/month.

How to plan a house deposit fund

  1. 1

    Aim for 10% minimum — 15% unlocks materially better mortgage rates.

  2. 2

    Open a Lifetime ISA if you're 18–39: £4,000/year attracts a £1,000 government bonus.

  3. 3

    Budget for stamp duty, solicitor (~£1,500), survey (£400–£1,000) and moving costs.

  4. 4

    Fix your monthly transfer the day after payday — treat it like rent.

FAQs

How much deposit do I need for a UK house?+

5% is the minimum with most lenders, but 10–15% unlocks lower rates. On a £250,000 home, that's £25,000–£37,500 plus fees.

Does the Lifetime ISA still exist?+

Yes. You can save £4,000/year and receive a 25% government bonus (£1,000/year) toward a first home up to £450,000.

How long does it take to save a deposit?+

The UK average is 5–8 years. Our planner tells you exactly, based on your income and existing savings.

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