Please show the progress

4.3 Suppose you want to buy a new house. You currently have $500.000 and you figure that you need to have a 30% down payment plus an additional 5% in closing costs. If the type of house you want costs about $2,000,000 and you can eam 5.5% per year. How long will it be before you have enough money for the down payment and closing costs? (8%)