how to save money for a house deposit for £250,000 or $500,000?

I would like to save for three years and how much should i be putting aside i am a student at the moment so would like to spend some money on clothes,going out and a few other things so how much should i be saving monthly?

Public Comments

1. To save £250,000 over 3 years, you would have to save £83,000 a year, or a bit less if you count the interest you will be earning on the money you saved in the first two years. To save £500,000 just double these numbers, i.e., £166,000 a year. You don't say how much your annual income is. If it is enough to save these amounts you're a very lucky student. Of course, don't forget to add to these numbers what you need/want to spend on "clothes, going out and a few other things."
2. since you will have to have 20% down you will need 50k so 35 into 50 is what about 1390 a month -- good luck!!!!