Savings goal calculator
Start from
The amount you want.
Already set aside for it.
Until you need the money.
0.37% is the national average (FDIC).
Optional: see when a set amount gets there.
Try a rate
Save $374 a month
to reach $10,000 in 2 years. You'd deposit $8,961 on top of the $1,000 you have, and interest at 0.37% APY adds about $39.21. With no interest at all, you'd need $375 a month.
- Monthly deposit needed
- $374
- For 2 years at 0.37% APY
- Interest earned along the way
- $39.21
- 0.4% of your goal
- At a 4.25% high-yield APY
- $357
- $17 less a month · $438 in interest
- Total you deposit
- $8,961
- Plus the $1,000 you have
Month-by-month table
| Month | Deposits | Interest | Balance on plan |
|---|---|---|---|
| 1 | $373 | $0.31 | $1,374 |
| 2 | $747 | $0.73 | $1,747 |
| 3 | $1,120 | $1.27 | $2,121 |
| 4 | $1,493 | $1.92 | $2,495 |
| 5 | $1,867 | $2.69 | $2,870 |
| 6 | $2,240 | $3.57 | $3,244 |
| 7 | $2,614 | $4.57 | $3,618 |
| 8 | $2,987 | $5.69 | $3,993 |
| 9 | $3,360 | $6.91 | $4,367 |
| 10 | $3,734 | $8.26 | $4,742 |
| 11 | $4,107 | $9.72 | $5,117 |
| 12 | $4,480 | $11.29 | $5,492 |
| 13 | $4,854 | $12.98 | $5,867 |
| 14 | $5,227 | $14.79 | $6,242 |
| 15 | $5,600 | $16.71 | $6,617 |
| 16 | $5,974 | $18.75 | $6,993 |
| 17 | $6,347 | $20.90 | $7,368 |
| 18 | $6,721 | $23.17 | $7,744 |
| 19 | $7,094 | $25.55 | $8,120 |
| 20 | $7,467 | $28.05 | $8,495 |
| 21 | $7,841 | $30.67 | $8,871 |
| 22 | $8,214 | $33.40 | $9,247 |
| 23 | $8,587 | $36.24 | $9,624 |
| 24 | $8,961 | $39.21 | $10,000 |
Savings goal calculator by Points Frog ↗ · An educational estimate, not financial advice.