EEasynivo
Free online tool

Savings Calculator

Project savings growth from an initial balance, monthly deposits and annual return.

Enter your values

%

Final savings

—

Enter the values and choose Calculate.

Final savings—
Total contributions—
Interest earned—

How to use this tool

Set a savings goal and estimate the effect of consistent monthly deposits.

  1. Enter your values
  2. Calculate
  3. Copy · Share

Formula and method

Next balance = current balance × (1 + annual rate ÷ 12) + monthly deposit

Worked example

Starting with 1,000 and saving 200 monthly for 5 years builds contributions plus investment growth.

Frequently asked questions

Is this tool free and private?

Yes. It is free to use without an account, and the calculation runs in your browser.

Savings Calculator

Project savings growth from an initial balance, monthly deposits and annual return.

Transparency

Sources & methodology

Calculation method
Next balance = current balance × (1 + annual rate ÷ 12) + monthly deposit
Evidence basis
Transparent arithmetic using values entered by the user.
Applies to
No statutory reference year. Results use the values and assumptions entered now.
Last reviewed
Limitations
The result excludes fees, taxes, changing rates and contract-specific rules unless entered explicitly.

Sources

Continue exploring

CI

Compound Interest Calculator

Project investment growth with recurring contributions and flexible compounding.

Open tool →SAFE

Emergency Fund Calculator

Set an emergency savings target from essential monthly expenses and desired coverage.

Open tool →RET

Retirement Calculator

Project retirement savings from a current balance, monthly contributions and an assumed return.

Open tool →

Content basis and verification

· Calculations run in your browser. Check the formula and assumptions on this page, and confirm important financial, tax, medical or legal decisions against current official guidance.