Savings Calculator
Enter your starting balance, monthly contributions, interest rate, and time period to see your projected savings with compound interest.
Savings Details
$
$
%
yrs
Enter your savings details and click Calculate.
Future Balance
$0.00
after 10 years at 5%
Total Deposited
$0.00
principal + contributions
Interest Earned
$0.00
0% of total
Effective APY
0.00%
after compounding
| Item | Amount |
|---|---|
| Starting Balance | — |
| Monthly Contributions | — |
| Interest Earned | — |
| Future Balance | — |
Balance Breakdown
Starting Balance
Contributions
Interest
Summary
Enter your starting balance, monthly contributions, interest rate, and time period to see your projected savings with compound interest.
How it works
- Enter your starting (principal) amount in the Starting Balance field.
- Enter how much you plan to deposit each month in Monthly Contribution.
- Set the Annual Interest Rate your account or investment offers.
- Choose the number of years to save.
- Select how often interest compounds (monthly, quarterly, or annually).
- Click Calculate to see your projected future balance and interest earned.
Use cases
- Planning how much to save for a house down payment.
- Projecting retirement savings growth over many years.
- Comparing different interest rates or compounding frequencies.
- Understanding how monthly contributions accelerate savings.
- Setting savings goals with a concrete timeline.
- Estimating growth of an emergency fund.
Frequently Asked Questions
Last updated: 2026-06-09 ·
Reviewed by Nham Vu