Savings Calculator

Calculate the future value of consistent monthly deposits with compound interest.

How to use

Enter monthly deposit, rate and years.

Formula

FV = PMT × (((1+r)^n - 1)/r) × (1+r)

Examples

  • $500/mo at 4% for 10 years → ~$73,600

Important notes

Estimate only.

Frequently asked questions

How much should I save?

A common target is 20% of monthly income.

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