Menu
Menu
  • Home
  • Open submenu (Accounts)Accounts
  • Open submenu (Loans)Loans
  • Open submenu (Business)Business
  • Open submenu (Services)Services
  • Open submenu (Resources)Resources
  • About
  • Become A Member
  • Account Sign In
  • Account Sign In
  • Contact
Close submenuAccounts
  • Open submenu (Savings Accounts)Savings Accounts
  • Open submenu (Debit Card/Checking Accounts)Debit Card/Checking Accounts
  • Become a Member
  • IRAs
  • Share & IRA Certificates
  • Deposit Rates
  • Open an Account!
  • New Member Application Status
Close submenuSavings Accounts
  • Youth Savings
  • High – Yield Certificate Savings
  • Health Savings Accounts
  • Coverdell Education Savings
  • Club Accounts
Close submenuDebit Card/Checking Accounts
  • Free Kasasa Cash® Checking
  • Free Kasasa Cash Back® Checking
  • Basic Checking
  • Take Charge Young Adult Debit Card/Checking Account
  • Reorder Checks
  • Overdraft Protection Options
Close submenuLoans
  • Open submenu (Apply for a Loan)Apply for a Loan
  • Apply for a Credit Card
  • Loan Rates
  • First Time Auto Buyer
  • Auto Financing
  • Student Loans
  • Make a Loan Payment
  • Make a Credit Card Payment
  • Open submenu (Debt Protection Options)Debt Protection Options
  • Skip-a-Pay Program
Close submenuApply for a Loan
  • Existing Member Consumer Loan
  • New Member Consumer Loan
  • Apply for a mortgage
  • Apply for a Home Equity Loan
  • Check Loan Application Status
Close submenuDebt Protection Options
  • Loan Protection Programs
  • Guaranteed Asset Protection
  • Vehicle Service Contract Coverage
Close submenuBusiness
  • Business Checking Accounts
  • Business Loans
  • Business Credit Cards
  • Merchant Services
  • SEP IRAs
Close submenuServices
  • Insurance
  • Financial Coaching
  • Digital Banking
  • Mobile Banking
  • Bill Pay
  • Safe Deposit Boxes
  • SURF ATM Locator
  • Shared Branching Locations
  • Google / Apple Pay
  • Prepaid Cards
Close submenuResources
  • Fraud Prevention
  • Financial Resources
  • Shared Branching
  • Calculators
  • Youth Scholarships
  • Open submenu (Blog Sections)Blog Sections
  • Newsletters
  • Disclosures
Close submenuBlog Sections
  • News
  • Education
  • Did you know?
Logo - New Dimensions FCU
  • Home
  • Accounts
        • Savings Accounts
          • Youth Savings
          • High – Yield Certificate Savings
          • Health Savings Accounts
          • Coverdell Education Savings
          • Club Accounts
        • Debit Card/Checking Accounts
          • Free Kasasa Cash® Checking
          • Free Kasasa Cash Back® Checking
          • Basic Checking
          • Take Charge Young Adult Debit Card/Checking Account
          • Reorder Checks
          • Overdraft Protection Options
        • Become a Member
        • Open an Account!
        • New Member Application Status
        • IRAs
        • Share & IRA Certificates
        • Deposit Rates
        • Construction Loans

        • Did you know we have Construction Loans?

          Learn More

  • Loans
        • Apply for a Loan
          • Existing Member Consumer Loan
          • New Member Consumer Loan
          • Apply for a mortgage
          • Apply for a Home Equity Loan
          • Check Loan Application Status
        • Make a Loan Payment
        • Auto Financing
        • First Time Auto Buyer
        • Loan Rates
        • Apply for a Credit Card
        • Make a Credit Card Payment
        • Student Loans
        • Skip-a-Pay Program
        • Debt Protection Options
          • Loan Protection Programs
          • Guaranteed Asset Protection
          • Vehicle Service Contract Coverage
        • HELOC

        • Home Equity Line of Credit

          Did you know you can consolidate debt with your home equity?

          Learn More

  • Business
        • Business Checking Accounts
        • Business Loans
        • Business Credit Cards
        • Merchant Services
        • SEP IRAs
        • Business Solutions

        • Business solutions that make sense.

          We are always looking for ways to help our
          business members conduct business efficiently
          with their financial needs and goals in mind.

          Learn More

  • Services
        • Insurance
        • Financial Coaching
        • Bill Pay
        • SURF ATM Locator
        • Shared Branching Locations
        • Safe Deposit Boxes
        • Digital Banking
        • Mobile Banking
        • Google / Apple Pay
        • Prepaid Cards
        • Mobile Banking Solutions

        • Access your New Dimensions account anywhere.

          We offer online and mobile banking where you can
          check your balance, deposit a check or even apply for a loan!

          Learn More

  • Resources
        • Blog Sections
          • News
          • Education
          • Did you know?
        • Newsletters
        • Financial Resources
        • Fraud Prevention
        • Calculators
        • Disclosures
        • Shared Branching
        • Youth Scholarships
  • About
  • Become A Member
  • Account Sign In
  • Account Sign In
        • Account Sign In

          Username field is required.

          New Account Sign Up | Forgot Username
  • Contact
  • Home
  • About
  • Contact
  • Home Buyer Savings Calculator
  • Spend Less Calculator
  • Savings Calculator
  • Snowball Debt Elimination Calculator
  • Loan Payoff Calculator
  • Loan Refinance Savings Calculator
  • Simple Loan Calculator
  • Payoff Line Calculator
  • Auto Loan Calculator
  • Home Budget Calculator
Calculators Menu

Home Buyer Savings Calculator

By changing any value in the following form fields, calculated values are immediately provided for displayed output values. Click the view report button to see all of your results.



Financial Calculators from
Dinkytown.net

Financial Calculators ©1998-2025 KJE Computer Solutions, Inc.









Your Down Payment Savings Goal is $10,000.00
*indicates required.

Home down payment inputs:


Purchase price of home

The total cost of the home you would like to purchase. Please keep in mind that the cost of buying a house is more than just the price of the house; there may be fees and closing costs associated with your mortgage as well.

$0k
$200k
$500k
$1m

Estimated down payment

The portion of the property's sale price that is fully paid to the seller at closing. With conventional loans, a 20% down payment will allow you to forego carrying Private Mortgage Insurance (PMI).

1%
34%
67%
100%

Amount currently saved

Total amount you currently have saved for your new home.

$0
$1k
$10k
$100k

Estimated interest rate on your savings

This is the interest rate you are currently earning on your saved amount. For the purposes of this calculator, taxation is not factored into the results.

0%
4%
8%
12%

Years to save

The number of years you wish to save.

To reach your goal in 3 years, you need to save $273.54 each month Column Graph: Please use the calculator's report to see detailed calculation results in tabular form.

To reach your goal in 3 years, you need to save $273.54 each month


Your Down Payment Savings Goal is $10,000.00

Definitions

Purchase price of home

The total cost of the home you would like to purchase. Please keep in mind that the cost of buying a house is more than just the price of the house; there may be fees and closing costs associated with your mortgage as well.

Estimated down payment

The portion of the property's sale price that is fully paid to the seller at closing. With conventional loans, a 20% down payment will allow you to forego carrying Private Mortgage Insurance (PMI).

Amount currently saved

Total amount you currently have saved for your new home.

Years to save

The number of years you wish to save.

Estimated interest rate on your savings

This is the interest rate you are currently earning on your saved amount. For the purposes of this calculator, taxation is not factored into the results.

Connect

94 Silver Street, Waterville, ME 04901 (207) 872-2771
316 Benton Avenue, Winslow
245 Madison Avenue, Skowhegan
Drive-Thru Hours Monday – Friday 8 am-5 pm
Lobby Hours Monday – Friday 9 am-5 pm

Routing #: 211288860    Privacy Policy    Terms of Use     Funds Availability
Copyright ©2025 New Dimensions Federal Credit Union. All rights reserved.
Web design by flyte

National Credit Union Administration, a U. S. Government Agency

Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United States Government

New Dimensions FCU is committed to the accessibility and usability of our website for everyone. If you use a screen reader or other auxiliary aid and have problems using this website, please contact us at (800) 326-6190 or info@newdimensionsfcu.com.