Howya. I’d like to share a simple Excel spreadsheet that I created and have been using over the last few months to keep me on track towards getting a downpayment on a property that I think it might be useful for some people here.
Simply enter your salary information, current savings, and monthly savings target, and you’ll be presented with the downpayment required for a given property price, amount remaining to save the downpayment, number of months remaining until you reach the required amount, and the expected date of when you’ll have saved the amount. I’ve also added calculations for the expected monthly repayments on a given mortgage amount, you can play around with the number of years and interest rates to see how this affects your monthly repayments.
You can download it here: [https://gofile.io/d/aIAK7h](https://gofile.io/d/aIAK7h)
Screenshot:
https://preview.redd.it/xito5z5cxphb1.png?width=2026&format=png&auto=webp&s=e2b5c63d16ddfd07c60825962c9d8dc0941a1c84
P.S. If the link has expired, please ping me and I’ll reupload the file.
P.P.S. If anyone knows any good websites for sharing files for free for longer periods of time, that would be much appreciated.
by damian314159
1 comment
Part of the issue is people don’t know the purchase price with bidding wars etc and they may use government schemes which become available or cease from time to time.