Everyone says you'll never own a home.

That's an opinion. This is a date. Your last 6 months of spending already know it. Two minutes, real numbers, no sign-up.

Your last 6 months

Open your banking app, average out the last 6 months, and be honest. The calculator can't help you if you lie to it.

Take-home pay per month (after tax, combined if you're buying together)

Rent / board

Groceries

Eating out & takeaway

Subscriptions & streaming

Car & transport

Loan repayments (car, personal, Afterpay)

Everything else

Savings you already have

The place you're aiming at

Rough is fine. You can change it any time.

Property price you're aiming at

Deposit you're going for

How old are you? (optional, you'll see why)

Keep living exactly like the last 6 months, and you get the keys

–

saved so far🔑 deposit

Deposit you need–

You're saving per month–

Rough borrowing power–

Borrowing power here is a ballpark from your income and spending, tested the way banks stress-test repayments. Every lender calculates it differently and this ignores HECS, credit limits and plenty more. It is not a quote or approval.

moneysenselending

Now move the date

Small moves. Watch what they buy you.

Extra income per month+$0

Cut back eating out & takeaway$0 less

Cut subscriptions$0 less

Cut "everything else"$0 less

When your loans are paid off$0 freed up

New deposit date–

New borrowing power–

Drag a slider to see the difference.

The sliders were the easy part

Doing it every week until that date shows up is the hard part. That's what the page is for: two posts a week on how buying your first home actually works. No jargon, no sales pitch. From an ex-plumber who bought his first place at 21.

Your date's set. Go get it.

Follow @money_sense_lending

Assumptions this uses

Saving is linear. Interest on your savings is ignored, which makes the estimate slightly conservative.
Deposit is price x the percentage you picked. Buying costs (legals, inspections, any duty) are on top.
Borrowing power assumes rent stops when you buy, repayments are tested at the rate below over 30 years, and your other spending stays the same.

Test rate %