About the Savings Goal Calculator
Saving for a house deposit, a car, a wedding or an emergency fund? Enter your goal, what you already have and the interest your account earns. Then either set a deadline to see the required monthly deposit, or set a monthly deposit to see when you'll get there.
How to use it
- Enter goal, current savings and interest rate.
- Choose what you want to calculate.
- Enter a target time or monthly deposit and read the result.
Good to know
- Results are estimates for planning purposes and not financial, tax or legal advice. Lenders and tax authorities may calculate differently.
- Interest is compounded monthly. High-yield savings rates change over time.