Use this handy little down payment calculator to figure how much you can save for your mortgage down payment.
You can modify your beginning balance, the monthly amount you want to save, the interest rate and the amount of time you will be saving for the down payment.
How much you can put down for your down payment greatly affects the amount you will have to pay on your loan each month. So, if you know that you are going to buy a home in the near future, use this calculator to plan for your down payment. This way you will have an idea of how long it will take to save for it.
Do not forget there are other ways to come up with your down payment, like down payment assistance and grants. Be sure to check out those pages as well.