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Savings Calculator

Estimate how your savings could grow with regular contributions and compound interest.

Enter your starting balance, monthly contribution, interest rate and saving period in the white box. The green box shows your contributions, estimated interest earned and future savings balance.

Starting balance $0
Monthly contribution $0
Total contributions $0
Total amount deposited $0
Estimated interest earned $0
Saving period —
Estimated future savings balance $0

How the Savings Calculator works

This calculator estimates how your savings could grow from an initial balance combined with regular monthly contributions.

Interest is compounded monthly using the annual interest rate entered. Monthly contributions are assumed to be made at the end of each month.

Total contributions shows how much you add during the saving period, excluding your starting balance. Total amount deposited combines your starting balance and all monthly contributions.

Estimated interest earned is the difference between the future savings balance and the total amount you deposited.

Results are estimates for planning purposes only. Actual savings returns can vary and interest rates may change over time.