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Basic Savings Calculator





Instructions

This calculator is designed to help you estimate your interest earned and final balance from a monthly savings investment.

  1. Enter your investment and savings amounts, the interest rate and term of the investment.

  2. Click once on the "Calculate" button to calculate your result.

  
    
  Initial Investment $

  Monthly Savings $

  Interest Rate    %

  Term of Investment    years



  


  Result    
     
  Total Amount Invested $

  Interest Earned $

  Final Balance $
    

NOTES

Savings are assumed to be deposited at the beginning of each month with interest compounded monthly. Results exclude any fees or taxes payable.

These calculators are made available to you as self-help tools for your independent use and are not intended to provide any tax, legal, financial or investment advice. We cannot and do not guarantee their applicability or accuracy in regard to your individual circumstances. All examples are hypothetical and are for illustrative purposes. Please consult with qualified professionals to discuss your situation.

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