$+FINANCE
Savings Calculator
Estimate future savings from an initial balance, monthly contribution, interest rate and time.
Enter your values
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Formula
Future value = initial balance compounded monthly + the future value of monthly contributions.
Future value = initial balance compounded monthly + the future value of monthly contributions.
How it works
1
Enter your starting balance and monthly contribution.
2
Enter the annual rate and saving period.
3
Review total contributions, interest and projected balance.
Important notes
The projection assumes a constant rate and equal monthly contributions.