How Long to Save Calculator

Do you have a savings goal? Use our calculator to find out how long it will take to reach your goal.

Tips to reach your savings goal sooner

  • Set a realistic goal and savings plan. Putting unrealistic savings plans in place is a recipe for disaster, so calculate a savings goal that you can comfortably achieve and you’ll be more likely to stick to each month.
  • Get rid of any unnecessary expenses. By removing expenses which you don’t need you free up more cash flow to put towards your savings each month, so scrutinise your bank statements looking for unnecessary subscriptions, payments and spending habits you don’t need to do which can help you reach your savings goal.
  • Boost your savings by de-cluttering. Using websites like Gumtree and Facebook marketplace, you can sell those unwanted goods you have laying around and start increasing your savings instantly – its a win win!

Do you need with making a savings plan to buy a home? Speak with a broker today.

Disclaimer:  The calculations do not take into account all fees and charges. The results provided by this calculator are an estimate only, and should not be relied on for the purpose of making a decision in relation to a loan. Interest rates and other costs can change over time, affecting the total cost of the loan. Borrowers should consider discussing their individual situation with a qualified Australian Credit Licensee or authorised Credit Representative.