Savings goal calculator
Months until a down payment, a move, a repair, or any other fixed goal is funded.
Use 0% for cash. A savings-account rate is fair if the money can sit.
Time to the goal
2 years, 1 month
The balance reaches $8,136.63, a bit above the goal because deposits land once a month.
- You contribute
- $6,250.00
- Growth adds
- $386.63
- Balance then
- $8,136.63
Your goal has a date. Make every month cooperate.
Watch your forecast and spot the months that threaten your goal.
Start free 14-day trialHow this number is calculated
Each month, the balance earns one-twelfth of the yearly rate, and then the contribution is added. Months are counted until the balance reaches the goal. The ending balance can land a little above the goal, because contributions arrive as whole months.
Use 0% for cash you do not want to risk. A savings-account rate fits money that can sit. A stock-market average is a poor fit for a date you cannot move, because the balance can drop just when you need it.
Common questions
What rate should I use?
Use 0% for money you will spend soon and do not want to risk. Use the rate on a savings account if the money can sit there. Skip a stock-market average for a short-term goal.
Does the contribution happen before or after interest?
Interest is applied to the balance first, then your contribution is added. The monthly rate is one-twelfth of the yearly rate you enter.
What if I already have the goal amount?
The calculator says you are there. It does not project past the goal.
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This is an estimate for planning, not financial, tax, or lending advice. Nothing you type is saved. Ampluent forecasts the cash in a household day by day from paychecks, bills, and cards. See Ampluent