» Savings Calculator


Savings calculator with compound interest, annual and monthly contributions, tax rate, schedule, and ending balance. Estimate how your savings can grow over time.

Use this savings calculator to estimate how a starting balance can grow with compound interest, recurring contributions, contribution increases, and taxes on interest. It is useful for savings goals, emergency funds, sinking funds, and long-term cash planning when you want an ending balance estimate plus a contribution and interest breakdown.

You can model an initial deposit, add either annual or monthly contributions, choose a compounding frequency, and apply a tax rate to interest. The calculator also shows a chart and an accumulation schedule so you can see how much of the final balance comes from deposits versus interest.

Input
Initial deposit PV
Annual contribution Cyr
Annual contribution increase gyr
%
Monthly contribution Cmo
Monthly contribution increase gmo
%
Interest rate r
%
Compounding m
Tax rate t
%
Years to save N
year(s)
Result
92344.42
Ending balance
Total contributions77319.40
Total interest earned15025.02
Future value of initial balance26987.07
Future value of annual contributions65357.34
Future value of monthly contributions0.00
Fig. 1 · Savings breakdown

Savings Calculator FAQ

What does this savings calculator estimate?
This calculator estimates the ending balance of savings based on an initial deposit, annual and monthly contributions, contribution growth, compound interest, tax on interest, and time. It also separates the result into deposits, contributions, and interest earned.

How is this different from an investment calculator?
The intent here is savings growth: projecting how cash savings or recurring deposits can accumulate over time. An investment calculator often uses similar math, but this page is framed around savings balances, contributions, and an ending balance view.

What compounding frequency should I choose?
Choose the compounding frequency that best matches your account or assumption, such as monthly, quarterly, or annually. More frequent compounding increases the effective growth rate slightly when the nominal annual rate stays the same.

Does the calculator include taxes on interest?
Yes. If you enter a tax rate, the calculator reduces the interest portion accordingly. The deposit and contribution amounts are not taxed in the calculation; only the earned interest is adjusted.

Can I see how the balance grows over time?
Yes. The page includes a chart and an accumulation schedule so you can review deposits, interest, and ending balance over time instead of seeing only one final number.


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