Savings Calculator
Calculate how your savings will grow with compound interest over time.
$
$
Results
What is this tool?
A Savings Calculator is a financial planning tool that projects how your savings will grow over time with compound interest. It calculates future savings value based on initial deposit, monthly contributions, interest rate, and time period, helping you plan for financial goals like retirement, major purchases, or emergency funds.
How to use this tool?
1. Enter your initial savings amount
2. Enter your monthly contribution (if any)
3. Input the annual interest rate (APY)
4. Select the time period (years or months)
5. Choose compounding frequency (monthly, quarterly, annually)
6. Click "Calculate" to see future savings value
7. Review growth projections and total contributions