Savings Calculator

If you’re purchasing a new house, you’re probably comparing and applying for home loans right now. You will be dealing with getting approved and determining your repayment amounts, frequency and loan term. This means that you’re thinking about your financial future, so why not take it a step further and set a savings goal?

With our savings calculator, you can project how much you can accumulate over time with an initial amount and ongoing contributions.

If you are concerned with your finances and want to find new ways to make your money work for you, please use any of MOJO Homes’ finance calculators and set yourself on the path of savings and peace of mind.


Benefits of Our Savings Calculator

When you use this savings calculator, you can estimate your investment growth over time. Simply enter in your savings details, such as your Initial Amount, Deposit Amount, Deposit Frequency, Interest Rate and Saving Term, and we can give you an estimated amount that demonstrates the total amount of money you’ll have at the end of the term, the total amount of money you have invested and your total interest earned over the years.

With these calculations, you can estimate how long it will take for you to save for a down payment on a new home with MOJO Homes. Our growth calculator allows you to set a goal and determine how much you’ll need to put away each month in order to reach that goal.


Calculator Definitions

Confused by the jargon? See below, we explain what the terms used in this calculator mean.

Homeworld Box Hill Display Homes

Buying a New Home

Feel free to use this savings calculator to help you plan out your financial future and to find out how long it will take you to save for a down payment on a new home.
To discuss buying a new home in NSW contact MOJO Homes today.