When a lead says 'we're not ready yet'
Instead of 'I'll check back in six months', send this calculator. The buyer sets a goal, sees the timeline, and you get a lead with a date attached, which you can put in your CRM as a follow-up.
Not every buyer is ready now. This down payment savings calculator shows how long it will take to reach a down payment goal from current savings and a monthly amount. It's how agents capture buyers twelve to twenty-four months out, and stay the person they call when the savings goal is met.
It depends on the target price, the down payment percentage, current savings, how much is saved each month and the interest earned. This calculator works out the time to save from those inputs, so a buyer can see whether their plan gets them there in a year or in five.
Instead of 'I'll check back in six months', send this calculator. The buyer sets a goal, sees the timeline, and you get a lead with a date attached, which you can put in your CRM as a follow-up.
Friends and past clients' children, renters and young families often aren't ready. A 'how long until you can buy?' tool in a newsletter generates replies from people you'd otherwise never hear from.
Many open-house visitors are renters 'just looking'. A QR code to this calculator gives them something useful, and it gives you a way to stay in touch until they're ready.
The future buyer enters a target home price, a down payment goal percentage, current savings, a monthly savings amount and the APY their savings earn. The result is the time to save, the down payment target, how much is still needed, and a summary of current savings and monthly contributions.
The lead you receiveYou'll see the Target Home Price, the Down Payment Target, the amount Still Needed and the Time to Save. A buyer who is eight months away belongs in a different follow-up plan from one who is four years away, and now you know which.
Totally fine. Here's a quick calculator to see how long the down payment will take: [link]. If you send me the date it gives you, I'll check in a few months before with what's on the market.
The same figures your visitor sees arrive in your lead record. Here's how to read the ones that matter.
The down payment isn't all the cash a buyer needs. Once they're close, switch to home buyer savings or the first-time buyer calculator, which include closing costs.
Savings yields change. If the default APY is high, the timeline looks shorter than it will be. Keep it modest.
The value of this lead is the timeline. If it sits in a contact list with no reminder, it's wasted. Tag and schedule it the day it arrives.
Home & Down Payment Goal
Savings Plan
Field names are shown as they appear in the calculator's English interface.
Estimates only. Actual saving time depends on your real contributions and any interest earned. Home prices and required down payments change over time.
Calculator results are estimates for illustration, not Loan Estimates, pre-approvals or offers of credit.
From current savings, the monthly contribution and the APY, compounded monthly, until the balance reaches the down payment target (target price × goal percentage). Changing any input recalculates the time.
No. The target price is fixed. If prices in the buyer's area are rising, suggest setting a slightly higher target, or revisiting the calculation every few months.
Whatever they plan to put down. Many buyers assume 20%, but conventional, FHA and other programs allow less, with mortgage insurance. Testing 5% or 10% shows how much sooner they could buy.
Yes, lightly. A useful touch every few months keeps you in mind. When their savings date approaches, they're likely to call the agent who helped them plan rather than starting from scratch.
You can mention that programs exist in many areas and that a participating lender can check eligibility. Avoid promising amounts or eligibility, which depend on income, price and location rules.
Show the levers: a lower target price, a smaller down payment, a higher monthly amount, or assistance programs. Then offer to check back in. A realistic plan is more helpful than encouragement.
On your renter or 'thinking of buying' page, in newsletters and social posts, and behind an open-house QR code. It isn't for active listings, where the mortgage calculator fits better.
Yes, on Team and Brokerage. Give this calculator its own webhook URL so leads land in a nurture pipeline or get a 'future buyer' tag automatically.
Yes. It runs in English and Spanish with a visitor language switch, so it suits bilingual newsletters and Spanish-language social posts.
Included on every plan, including the free Agent plan. No card needed.