House down payment savings plan template
Pick a price and how much of it to put down, add closing costs, moving and a cushion, and see what to save each month and each paycheck, and who puts in what.
Checked November 8, 2026
Your down payment savings plan
The numbers below are an example, not yours. Change any of them. Nothing you type leaves this page.
every two weeks
What you are saving for
Your plan
$62,000 in all, $8,000 saved, $54,000 to go.
Working it out…
Keep this plan going in Wonderful.
You sign up, and once setup is done Wonderful asks before it adds these as goals. The first week is free, then it is $14.99 a month or $99 a year for both of you.
What each share of the price comes to
| Share down | $300,000 | $400,000 | $500,000 |
|---|---|---|---|
| 3.5% | $10,500 | $14,000 | $17,500 |
| 5% | $15,000 | $20,000 | $25,000 |
| 10% | $30,000 | $40,000 | $50,000 |
| 20% | $60,000 | $80,000 | $100,000 |
How the time you give it changes the month
| Time to save | Each month for $62,000 |
|---|---|
| 3 years (36 months) | $1,722 |
| 4 years (48 months) | $1,292 |
| 5 years (60 months) | $1,033 |
A bigger share down, or a pricier home, moves the whole table. The cushion is the one people trim, and it is the one to protect: it is what keeps a new roof from becoming a loan. See how big an emergency fund is.
Two people, three ways to share it
With $6,200 and $4,800 of monthly take-home and $1,292 a month to save, even is $646 each. By income is about $728 and $564, because the pays are 56% and 44% of the two together. In one pot, the saving comes out of your shared money first. See saving for a house as a couple.
Keeping it going
The button under the template carries each fund into Wonderful as a goal, with your date. Wonderful asks before it adds them. It runs in a browser with no iPhone or Android app, and after the free week or $1 first month there is no free plan: $14.99 a month or $99 a year for the household.
Questions people ask
How do I make a savings plan for a down payment?
Pick a price, pick the share you want to put down, and add closing costs, moving and a cushion. Subtract what you have, then divide by the months until the date you want to buy. In the example, $62,000 over 48 months is about $1,292 a month.
How much is a down payment on a $400,000 house?
Do the share times the price: 3.5% is $14,000, 5% is $20,000, 10% is $40,000 and 20% is $80,000. Your lender and loan type set the minimum you need, so ask them before you pick a number.
What else do I need to save besides the down payment?
Closing costs, moving, and money to keep in the bank after you buy. The template has a fund for each. The amounts in it are examples: get an estimate for closing costs from a lender for your own loan.
How do we split a down payment fund as a couple?
Even: each puts in half. By income: each puts in the share your take-home is of the two together. One pot: it comes out of your shared money first. Enter both take-homes and the template shows all three.
Can I print it or put it in a spreadsheet?
Yes. Press Print, or press Copy as spreadsheet and paste it into Google Sheets or Excel. Nothing you type is sent anywhere.
Wonderful gives general information. It isn't a financial or tax advisor.