If you are trying to save up money for a home, this personal finance template should make it easier to see potential timelines and requirements that must be met in order to reach your goal of buying a house.
The main input assumptions involve entering details about your current cash flow situation, including taxes. This gives some idea of the max amount of money you can save over time. Next, there are inputs about the house you want to buy, how much you plan to finance, and how much the resulting down payment is going to be as well as the impact of this new debt service compared to your existing rent/debt service/living expenses.
You will have a yearly schedule that starts with your current savings and then shows you how much you will have over time. Conditional formatting is used to automatically highlight the year you will be ready to buy, given all the above assumptions.

Reviews Add a review
No reviews yet

More From smarthelping

Browse our top rated business templates. See All
Stock / Crypto Fund Portfolio Tracker: Multi-member Capable
This tool was designed for a multi-member fund to keep track of trading activity, the resulting distributions to investors, and…
Volume Discounts: Sensitivity Analysis
Any business that wants to offer discounts for higher volume purchases will benefit from this volume discount template. Simply enter…
Retirement Planning Financial Model
This is a retirement planner based on expected investments and the cash flow that produces against expected expenses (including taxes)…
Job Costing Tracker for Managers
This is a job costing tracker for any business that wants to see weekly and monthly total number of hours…
PPC Advertising Financial Calculator and Sensitivity Analysis
This is a sensitivity analysis calculator to help anyone who is doing PPC (pay per click) direct marketing or PPC…
IRR Target Investment Calculator
Investors can be confused with terminology that is used on deals and in offerings. The difference between IRR and ROI…
See All