Major Purchase Savings Calculator

Is there a Major Purchase in your future?

BMO's Major Purchase Savings Calculator is an easy way to prepare for big expenses such as a house or cottage. It is a simple way to assess if your saving strategy is enough to achieve your goal on time.

When you're making a major purchase, there are a number of factors to keep in mind. See how variables such as timing of the purchase, inflation, your total out-of-pocket cost, market fluctuation and the impact of financing part or all of this purchase affects your savings plan.

Planning a major purchase?

BMO's New Financial Planning website can help you understand how a big expense – expected or unexpected - can affect your personal goals.

Learn more