Savings Calculator
Savings is a fast, free finance calculator. Enter Initial Savings, Monthly Savings and Annual Interest Rate to get an instant, accurate result — complete with the formula, a step-by-step worked example, and answers to common questions, all on one page and private to your browser.
Formula
FV = P(1+r)^n + PMT×((1+r)^n−1)/r
- FV = P(1+r)^n + PMT×((1+r)^n−1)/r — for reference only.
Savings Calculator
Savings Calculator calculation.
Frequently asked questions
How is Savings Calculator calculated?
FV = P(1+r)^n + PMT×((1+r)^n−1)/r