2 calculators
Savings Calculators
Plan regular deposits, savings goals and interest growth.
Savings products quote a rate, which makes them easier to model than market investments, although the rate can still change. The Savings Calculator combines an opening balance, regular deposits and compound interest, and can estimate when you will reach a target. The Monthly Investment Calculator starts with the target and timeframe instead. For a product that pays interest without adding it back to the balance, use the Simple Interest Calculator.
Which one fits your question?
- "I can save X per month. Where will I be in N years?" Start with the Savings Calculator. Enter your balance, deposit and the account's APY; set a goal amount if you have one and it will mark the month you cross it.
- "I need X by a certain date. How much must I put away?" That inverse problem belongs to the Monthly Investment Calculator, which also shows how sharply the required amount falls when you add time.
- "My deposit pays interest that doesn't reinvest." Use the Simple Interest Calculator, which also quantifies what reinvesting the same rate would add.
- "Should this money be saved or invested at all?" For horizons under a few years, or money you cannot afford to see dip, the certainty of a stated rate is often the deciding factor; the guide on inflation and savings covers the trade-off, and the investment calculators handle the market side.
Start here
All savings calculators
Why the compounding detail matters
Two accounts advertising the same nominal rate can pay different amounts depending on how often interest is credited — daily, monthly, quarterly or yearly. The savings tools let you set the compounding frequency and show the effect directly. For short horizons the difference is small; over a decade it is visible. When comparing real accounts, look for the effective annual yield (APY/AER), which already includes compounding, and use that figure here for the most accurate projection.