Savings Calculator
Find out how many months or years it will take to reach a savings goal with regular deposits and interest.
How it works
- 1
Set a goal
The amount you want to save.
- 2
Add deposits and interest
Starting balance, monthly deposit and annual interest rate.
- 3
See the timeline
Time to goal, total deposited and interest earned.
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Built to get out of your way
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Tools available
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Languages
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Watermarks added
2h
Until your files are erased
100%
Free to start
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Devices supported
Frequently asked questions
If the goal takes more than 100 years, raise the monthly deposit or the starting balance.
Plan any savings goal
An emergency fund, a trip, a down payment or a new laptop: every goal becomes easier when you know the date you will get there. The calculator adds your deposit every month and compounds interest monthly until the balance reaches the target.
Increasing the monthly deposit usually shortens the time far more than chasing a slightly higher rate. Interest and taxes on savings vary by account and country.