Savings Calculator — calculate future value
This calculator easily answers the question "If I save 'X' amount for 'Y' months what will the value be at
the end?"
The user enters the "Periodic Savings Amount" (amount saved or invested every month); the "Number
of Months" and the "Annual Interest Rate" or the annual rate of return one expects to earn on their
investments.
The calculator quickly creates a savings schedule and a set of charts that will help the user see the
relationship between the amount invested and the return on the investment. The schedule can be copied and pasted to
Excel, if desired.
The investment term is always expressed in months.
- 60 months = 5 years
- 120 months = 10 years
- 180 months = 15 years
- 240 months = 20 years
- 360 months = 30 years
If you need a more advanced "Savings Calculator" — one that lets the user solve for the starting
amount, the amount to invest, the interest rate, the term required to reach a goal or the future value; or if you
would like to easily print the schedule; or if you need to pick a different investment frequency, then you may want
to try the calculator located here: https:/financial-calculators.com/savings-calculator
