Savings goal calculator
Find out how much to save each month to reach your goal by a set date, with interest. Free, no sign-up, nothing leaves your browser.
- 1Type in your own numbers
- 2The tool works it out
- 3See the answer clearly
Interest is added monthly at the rate you enter, which stays the same throughout. Tax on interest isn't included.
How the monthly amount is worked out
The calculator grows what you have already saved at the interest rate you enter, then works out the equal monthly payment that, with interest added each month, closes the gap to your goal by the deadline. If your savings already reach the goal with interest, you don't need to add anything.
Making a goal easier to hit
Moving the money on payday, before you can spend it, is the simplest habit. Many banking apps let you keep separate savings pots for each goal, so you can see your progress at a glance. A longer deadline or a better rate both bring the monthly amount down.
See it happen
Your own money app- 1Name it and pick your colours
- 2Choose what it does
- 3Launch when you are ready
Put this calculator on your own site
Free to use on a blog or money site. Copy this code; the small "Powered by" link back to this page stays in.
Try it
Name your platform and watch it come to life
Type a name, tap a colour and pick what it does. The phone changes as you go.
Colour
What it does
Design and preview your whole platform free, then launch when you are ready.
Launch your own money app
Give your customers GBP, EUR and USD accounts, transfers and branded cards under your own brand, powered by licensed partners.