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Savings Goal Calculator
Find out how much to save each month.
Save each month
$232.38
for 3 years
Total you'll set aside
$9,365.77
About the Savings Goal Calculator
Free savings goal calculator. Enter your target amount, timeframe and interest rate to see how much you need to set aside each month to get there.
Everything is calculated instantly in your browser — nothing you type is uploaded or stored. Bookmark Calcooly for the next time you need it.
How to use the Savings Goal Calculator
- 1Enter your savings goal and how much you've already saved.
- 2Set your timeframe and expected interest rate.
- 3See how much to set aside each month.
Frequently asked questions
How is the monthly amount calculated?+
It works out how much your current savings will grow, then finds the monthly contribution needed to reach your goal in your timeframe.
What if I've already reached my goal?+
The calculator will tell you — your existing savings and interest already cover the target.
Is the result exact?+
It's a reliable estimate for general information. For important financial, medical or legal decisions, check with a qualified professional.