Set the target
Choose the amount you want to have at the end.
SAVINGS & MONEY
Savings Goal Calculator
Work out how much you may need to save each month to reach a target.
Monthly saving needed—
Enter your details to calculate.
Plan a savings target
Include what you already have
Your starting balance can reduce the monthly amount needed.
Interest is an estimate
Savings rates can change, so revisit the calculation when rates move.
Frequently asked questions
What if my starting savings already reach the goal?
The required monthly saving is shown as zero.
Does this assume monthly compounding?
Yes, the projection uses a monthly rate derived from the annual rate.
Can I use a 0% interest rate?
Yes. The calculator then spreads the remaining target evenly over the months.