Savings Calculator

The results of this loan payment calculator are for comparison purposes only. They will be a close approximation of actual loan repayments if available at the terms entered, from a financial institution. This is being provided for you to plan your next loan application. To use, enter values for the Loan Amount, Number of Months for Loan, and the Interest Rate (e.g. 7.25), and click the Calculate button. Clicking the Reset button will clear entered values.

*Using this loan calculator tool is not a guarantee of credit*

Calculate the amount you need to deposit each month to achieve your savings goals.
How much do you want to save? $
How many years do you have in which to save it? *
What interest rate do you expect to earn on your savings?
(Check here for possible investments.)
 %, with
daily or monthly
How much money can you spare for your first deposit or investment? $
Do you wish to skip savings two weeks each year? Yes No 
When do you wish to make your first deposit?
Monthly deposit required $
To make that monthly deposit, you should be setting aside $  daily or $  weekly.

Enter only numeric values (no commas), using decimal points where needed.Non-numeric values will cause errors.

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