Finance

Savings Calculator

Estimate savings growth with monthly deposits and an annual return.

Savings Calculator

Result
Ready

    Guide

    Savings Calculator basics

    Project a starting balance plus regular monthly deposits over time.

    Formula

    How the calculation works

    Monthly rateannual rate / 12
    Future valuestarting balance growth + deposit annuity

    Example

    Example calculation

    $1,000 plus $100/month at 5% for 10 years

    about $17,235

    Notes

    Assumptions

    • Deposits are treated as monthly end-of-period deposits.
    • Taxes, fees, and market volatility are not included.

    FAQ

    Savings Calculator FAQ

    What is the Savings Calculator for?

    It uses the fields on this page and applies the formula shown below the result. Check the assumptions before using the number outside the page.

    Can I use decimals?

    Yes. Decimal inputs are supported unless the field represents a count.

    How should I use the result?

    Treat it as a calculator result, not a full plan. Round it or adjust it when the real situation calls for it.

    Related Calculators

    Compound Interest CalculatorEstimate future value and interest earned with compound interest.Loan CalculatorEstimate monthly loan payments, total interest, repayment, and a simple amortization schedule.
    Sources. Common calculator formula, independently implemented for NumOwl.
    Disclaimer. Use this result as a check or starting point. For finance, health, engineering, or purchasing decisions, verify the numbers before acting on them.