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Simple Savings Calculator

Estimate your final savings by entering your initial deposit, interest rate, recurring deposit, and period. See how your money grows over time!

Calculator Inputs

Your starting savings amount

How long you plan to save

Expected annual interest rate

Amount you add each period

How often you add money

Results

  Balances
Initial deposit $1,000.00
Contributions $12,000.00
Interest earned $10,362.24
Final savings $23,362.24
Display... total savings breakdown

How does this savings calculator work?

This calculator estimates your final savings by compounding your initial deposit and recurring contributions at a fixed interest rate over a set period. Adjust the inputs to see how your savings can grow!