Enter a savings target, what you have already put aside and your monthly deposit to find out when the goal is met.
How to read the results
Deposits are added monthly and interest is compounded monthly until the balance reaches the target.
Savings goal planner
Enter a savings target, what you have already put aside and your monthly deposit to find out when the goal is met.
Built and reviewed by Dovanic, Founder and editor, FreeByteLast reviewed: 2026-08-18
$
$
$
4.0%
Time to reach the goal
2 yr 9 mo
Goal met around month 33
Progress so far
16%
$21,000 still to go
- Goal
- $25,000
- Saved today
- $4,000
- Deposits per year
- $7,200
Methodology
Deposits are added monthly and interest is compounded monthly until the balance reaches the target.
- · The deposit stays constant
- · Interest is paid monthly at the annual rate you set
Estimates only. Nothing here is financial advice. Spotted something wrong? Tell us and it gets fixed.