Savings Calculator

Plan a savings goal: the monthly amount you need, or the time it will take.

%
years
—Monthly savings needed
—Total you'll deposit
—Interest earned

● Calculations run in your browser. Your numbers are never sent anywhere.

How it works

The calculator uses the future value of your current savings plus a series of monthly deposits, with interest compounded monthly. To find the monthly amount it solves FV = S(1 + r)n + D·((1 + r)n − 1)/r for D; to find the time it counts months until the goal is reached.