Savings Calculator

Calculate the future value of your savings with compound interest and monthly deposits. Set a savings goal and track your progress over time.

Goal TrackingCompound InterestGrowth Table

Savings Details

Initial Deposit

Monthly Deposit

Annual Interest Rate

Savings Period (years)

Compound Frequency

Monthly (12x/year)

Savings Goal (optional)

Savings Results

Future Value

$38,074.58

Total Deposits

$29,000.00

Interest Earned

$9,074.58

Year-by-Year Growth

Year	Total Deposits	Interest Earned	Balance
Year	Total Deposits	Interest Earned	Balance
1	$7,400.00	$279.82	$7,679.82
2	$9,800.00	$682.76	$10,482.76
3	$12,200.00	$1,214.46	$13,414.46
4	$14,600.00	$1,880.84	$16,480.84
5	$17,000.00	$2,688.09	$19,688.09
6	$19,400.00	$3,642.68	$23,042.68
7	$21,800.00	$4,751.38	$26,551.38
8	$24,200.00	$6,021.27	$30,221.27
9	$26,600.00	$7,459.76	$34,059.76
10	$29,000.00	$9,074.58	$38,074.58