Free tool
Savings Calculator
See how your savings grow with monthly contributions and compound interest. Adjust the inputs to model any goal — house deposit, retirement, education fund, or an emergency reserve.
Final balance
$83,759
Total contributed
$61,000
Interest earned
$22,759
Year 0Year 10
Track this goal in Goal Getter
Turn this projection into a real, tracked goal. Goal Getter shows monthly progress, on-track status, and how much you still need to invest each month.
Start tracking this goalHow this calculator works
Each month the balance earns interest at the annual rate divided by 12, then your monthly contribution is added. Compounding this over the full time horizon gives your final balance.
Actual returns vary — markets fluctuate and interest rates change. Use conservative assumptions for long-term planning.