Derek Hough and Hayley Erbert are engaged! Hough, the Emmy Award winning dancer, actor and judge of Dancing with the Stars, proposed to So You Think You Can Dance star Erbert at their home this Spring.

On Erbert’s Instagram, @hayley.erbert, the couple discussed all the planning that went into their perfect, cozy home proposal. Derek went out of his way to make every detail perfect for Hayley, and that includes the ring. Reportedly, Derek consulted with the co-owner of Paris Jewellers, Chau Lui, to craft the magnificent, 4.5 carat ring.

It makes sense that a couple with such stunning talent would also choose a stunning ring. This sparkling oval cut diamond shines alone on a platinum band with a hidden halo to give it some extra shine. Hayley’s ring is trendy yet timeless, bold yet simple and the perfect ring to inspire your engagement ring search.

Here are five budget-friendly replicas of Hayley’s gorgeous ring to immediately save to your wedding mood board.

Gianna. Lab Grown 1 1/3ctw. Diamond Oval Hidden Halo Engagement Ring in 14k Yellow & White Gold

Available in yellow and white gold, this ring captures the classic yet eye-catching essence of Hayley Erbert’s ring. One oval diamond sits on top of a hidden halo of small sparkling diamonds on this timeless ring.

Shy Creation Oval 3/4ctw. Diamond Double Halo Engagement Ring in 14k White Gold

This ring takes the concept behind Hayley Erbert’s ring and adds a touch of drama with two bold halos around the center oval diamond.

Oaklynn. 1ctw. Lab Grown Diamond Halo Engagement Ring in 14k White Gold

With a halo of diamonds and a simple band, this ring is a vintage, old Hollywood twist on a modern ring that will sparkle for decades to come.

1ctw. Diamond Oval Halo Engagement Ring in 14k White Gold

Get lost in the countless sparkling facets of this stunning ring with a bold profile.

Kyla. 1/3ctw. Diamond Engagement Ring Setting in 14k Yellow Gold

This subtle, delicate setting (shown with an oval diamond) has the same fairy tale quality as Hayley Erbert’s ring.