How much down payment is needed for a home?

Banks usually require an own-funds share of at least 10–15% of the home's price. For a €200,000 home that's €20,000–30,000. On top of that come the transfer tax and moving costs.

What is an ASP account?

An ASP account is a home-saving account for people under 45 that offers tax-free interest, a government interest subsidy and a guarantee. Once you've saved 10% of the home's price, you can get an ASP loan on favourable terms.

How long does saving for a down payment take?

It depends on your goal and monthly savings. Saving €500/month, you'll accumulate €30,000 in about 5 years. The calculator also accounts for the return on your savings and shows the exact time.

Is it better to save or take a bigger loan?

A larger down payment reduces the loan and interest costs and improves the loan terms. On the other hand, house prices and rents may rise while you wait. ASP saving is often worthwhile.

House Deposit Savings Calculator

Calculate how long saving a house down payment takes and how much to save monthly. Free house deposit calculator.

Property price: 200,000 €

Down payment share: 15 %

Monthly saving: 500 €

Return on savings: 2.00 %

4.8 years

Saving time

Required down payment	30,000 €
Saving time	4.8 years
Months	57 mo
Loan amount	170,000 €

ℹ️ Banks usually require a 10–15 % down payment for a home loan. The ASP account (for under-45s) offers an interest subsidy and a state guarantee. Transfer tax (1.5–3 %) and moving costs come on top.

The home savings calculator shows how long it takes to build up the down payment for a home at your chosen monthly savings rate, and how much you need to set aside each month to reach the goal. It also reveals the size of the loan you will still need.

How the calculator works and what it’s for▾

How the savings time is calculated

The tool multiplies the property price by your chosen down payment percentage to find the cash you need, then divides that amount by your monthly savings while factoring in the annual return you expect, which speeds up the build-up through compounding.

For example, a 250,000 home with a 15 percent down payment means 37,500 in cash. Saving 500 a month at a modest return puts the savings horizon at roughly six years.

What you enter and what you get

You enter the property price, your target down payment percentage, the amount you save each month, and an estimated annual return on your savings.

In return you see the required down payment in euros, the savings time in years and months, and the loan amount left to apply for from the bank.

Who it is for

The calculator helps first-time buyers gauge a realistic timeline and existing owners planning to trade up understand the balance between cash and loan. You can test how raising your monthly savings shortens the wait.

Good to know

Banks in Finland usually require a 10–15 percent down payment. For buyers under 45, an ASP account offers interest support and a government guarantee, which can reduce the cash you need to save yourself.

Remember that transfer tax of roughly 1.5–3 percent and moving costs come on top of the down payment, so keep a small buffer beyond the calculated figures.

🔄 Reviewed June 2026