Savings Calculator

Calculate the final balance of a savings account with an initial deposit, regular monthly contributions, and interest. Free, instant, no signup.

%
years
Formula: FV = P(1+r)^n + C×((1+r)^n − 1)/r
  • P = initial deposit
  • C = monthly deposit
  • r = monthly rate
  • n = total months

How to use the Savings Calculator

  1. Enter your values. Fill in the fields with your numbers.
  2. Calculate. Press Calculate to run the savings calculator.
  3. Use the result. Copy the result or try a related tool next.

Why use our Savings Calculator

Instant results. Enter your figures and the savings calculator returns an answer in seconds.
Free & private. Runs in your browser — no signup, and nothing is sent to a server.
Accurate. Uses standard formulas so you can rely on the numbers.

Free to use — premium coming soon

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  • Instant results
  • No signup
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About the Savings Calculator

The Savings Calculator projects how a balance grows over time when you combine a starting amount, regular deposits, and compound interest. You enter your current savings, a monthly (or weekly) contribution, an annual interest rate, and a time horizon, and it returns the future value along with how much of that total came from your own deposits versus interest earned. It answers the two questions savers actually have: how big will my pot get if I keep this up, and how much do I need to put away each month to hit a specific target like an emergency fund or house deposit.

Reach for this tool whenever a savings decision has a number attached to it. Building three to six months of essential expenses as an emergency cushion, saving toward a wedding or holiday, or comparing two accounts with different rates are all natural fits. It is especially useful for reverse-planning: pick a goal amount and date, and the calculator works backward to show the required monthly deposit. Seeing that a distant goal breaks down into a manageable weekly or daily figure makes consistent saving feel achievable rather than abstract, which is often the difference between a plan that sticks and one that does not.

Under the hood it applies two standard formulas. Your existing balance grows by compound interest, A = P(1 + r/n)^(nt), where r is the annual rate, n is the number of compounding periods per year, and t is years. Each recurring deposit is grown using the future value of a series, FV = PMT x [((1 + i)^N - 1) / i], where i is the periodic rate and N is the number of deposits. The calculator runs these period by period: it adds interest, adds your contribution, then carries the new balance forward, so later deposits simply have less time to compound than earlier ones.

Results are estimates, not guarantees. They assume a fixed, steady interest rate and contributions made on schedule, while real savings rates change, promotional bonuses expire, and tax on interest can trim returns. Treat the output as a realistic projection to compare scenarios, not a promise of an exact balance. The calculator runs entirely in your browser, so the figures you type, your balances, goals, and rates, are never uploaded, stored, or shared. Nothing leaves your device, which makes it safe to model your real finances rather than rounded placeholder numbers.

Frequently asked questions

What is the difference between a savings calculator and a compound interest calculator?

They share the same math, but a savings calculator is framed around goals and regular deposits, showing the future value of ongoing contributions plus interest. A pure compound interest calculator usually focuses on how a single lump sum grows over time.

How much should I save each month to reach my goal?

Enter your target amount, your starting balance, the interest rate, and your deadline, and the calculator returns the required monthly deposit. A longer timeline lowers the monthly figure because more time means more compounding and more deposits.

Does the interest rate I enter need to be the APY?

Use your account's annual rate and match the compounding frequency (monthly, daily, etc.) to how the account actually pays interest. If you only know the APY, you can enter it with annual compounding for a close approximation of yearly growth.

Are the results guaranteed to be accurate?

No. The projection assumes a fixed rate and on-time deposits, but real savings rates fluctuate and interest may be taxed. The numbers are a reliable estimate for planning and comparison, not an exact prediction of your final balance.

Is my financial information saved or sent anywhere?

No. All calculations happen locally in your browser, so the balances, rates, and goals you enter are never transmitted or stored. Closing the page clears everything.

From our blog

How to Calculate Density (and Use It to Identify Materials)

By the Super Simple Digital Tools Team · Updated June 2026

Density is one of the most useful numbers in science because it links two things you can actually measure, mass and volume, into a single property of the material itself. The formula is simply density = mass / volume. A small steel ball and a huge steel beam have wildly different masses and volumes, but divide one by the other and you get roughly the same density, around 7.85 g/cm3, every time. That is what makes density a fingerprint: it does not care how big the sample is, only what it is made of.

To calculate density by hand, measure the mass with a scale and the volume by geometry or water displacement, then divide. A cube of aluminium 2 cm on each side has a volume of 8 cm3; if it weighs 21.6 grams, its density is 21.6 / 8 = 2.70 g/cm3, which matches aluminium exactly. If instead you know the density and need the mass of a larger piece, multiply: a 50 cm3 block of the same metal weighs 2.70 x 50 = 135 grams. Rearranging the one equation is all the algebra you ever need here.

Units are where careful people still make mistakes. Density only makes sense when mass and volume are expressed consistently, so mixing grams with cubic metres produces nonsense. The two everyday systems are grams per cubic centimetre (g/cm3, identical to grams per millilitre) and kilograms per cubic metre (kg/m3), and the conversion is a clean factor of 1000. Water is the handy anchor: 1 g/cm3 or 1000 kg/m3. Memorising that single value lets you sanity-check almost any result at a glance.

Once you have a density figure you can do real work with it. Compare it against a reference table to identify an unknown metal, or verify that a 'gold' item really is gold by checking whether it lands near 19.3 g/cm3. Compare it to the surrounding fluid to predict buoyancy: ice at 0.92 g/cm3 floats on water at 1.00, while a stone at 2.5 sinks. Dividing a material's density by water's density gives its specific gravity, a unitless number that engineers and gemologists use precisely because it sidesteps the unit confusion above.

For demanding work, remember that density is not perfectly fixed. Heating most substances makes them expand, lowering density, and water has its own quirk of being densest at 4 C, which is why lakes freeze from the top down. Gases are far more sensitive to temperature and pressure than solids or liquids. For homework and everyday estimates the standard reference values are fine, but for lab measurements, quote the temperature and use a temperature-corrected density so your numbers hold up.

  • When measuring an irregular solid, use water displacement: read the volume of water before and after submerging it, and the difference is the object's volume.
  • Anchor every estimate to water at 1 g/cm3 (1000 kg/m3); if your answer is wildly off from that scale for a similar material, you probably mixed units.
  • To identify an unknown metal, calculate its density and match it to a reference table, for example 2.70 for aluminium, 7.85 for steel, or 8.96 for copper.
  • For precise liquid work, note the temperature and use a temperature-corrected value, since water alone shifts from 1.000 g/cm3 at 4 C to about 0.997 at 25 C.

Read the full guide →

Tool by the Super Simple Digital Tools Team. Reviewed by our editorial team. Free to use, no signup required.

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