Work sheet: Saving for a down payment

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Work sheet: Saving for a down payment

Down payment work sheet

11 ways to come up with a down payment
	Pay off your plastic.
	Ladder CDs to boost savings.
	Use special programs.
	Tap your IRA.
	Borrow from your 401(k).
	Get a gift.
	Ask for a raise.
	Get a second job.
	Look for lost loot in the form of expired savings bonds or old savings accounts.
	Get an appraisal.
	Auction off unwanted items.

Calculate how much to save per month
How much do you need for a down payment? $_____________
Down payment:	$________ / 2 months = $_______ to save per month.
Down payment:	$________ / 4 months = $_______ to save per month.
Down payment:	$________ / 6 months = $_______ to save per month.
Down payment:	$________ / 8 months = $_______ to save per month.
Down payment:	$_______ / 10 months = $_______ to save per month.
Down payment:	$_______ / 12 months = $_______ to save per month.

Track your savings
Month 1:	$ __________
Month 2:	$ __________
Month 3:	$ __________
Month 4:	$ __________
Month 5:	$ __________
Month 6:	$ __________
Month 7:	$ __________
Month 8:	$ __________
Month 9:	$ __________
Month 10:	$ __________
Month 11:	$ __________
Month 12:	$ __________
Total annual savings:	$ __________

View worksheet archive

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