Savings Goal Calculator

Calculate the monthly deposit required to reach a goal, including optional compound growth. Calculate it clearly with Figur.

How the savings goal calculator works

Calculate the monthly deposit required to reach a goal, including optional compound growth.

Method and assumptions

Figur applies straightforward arithmetic to the values you enter. The calculation runs locally in your browser and is not stored.

  • The result depends on accurate inputs and units.
  • External factors, fees, taxes, or rules not requested by the calculator are not included.
  • Use the result as a planning estimate and verify any high-stakes decision.

Sources and references

No external data source is required: this calculator uses standard arithmetic and the values you enter.

Worked example

Save $10,000 in 24 months, starting with $1,000 at 4.5%.

The monthly contribution needed is $355.33.

Frequently asked questions

When are deposits assumed?

Deposits are made at the end of each month.

What happens at 0%?

The required amount is simply the remaining goal divided by the number of months.

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