Savings Calculator
Project the future value of a savings plan with an existing balance, monthly deposits and compound interest.
Example values are shown — change any of them and the answer updates live.
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Now $8,000Goal $50,000
Time to goal
≈ 7.5 years
$8,000 + $400// month · 3% → $50,000
$8,000 + $400/mo at 3% reaches $50,000.
You contributed$44,000
Interest earned$6,331
Final balance$50,331.15
How it works
Goal mode compounds your balance monthly and adds your deposit until the target is reached. Future-value mode uses the compound-interest formula.
Estimates under the stated assumptions, for illustration — not financial advice.