Discount Calculator
Calculate the price after a discount and tax, and see how much you save.
Finance
Finance
Savings Calculator
Estimate a future balance with a fixed deposit every month.
Enter your values
Your result
Projected balance
54,819.73
- Total contributions
- 41,000
- Accumulated return
- 13,819.73
- Number of monthly deposits
- 120
An estimate based on your inputs. Review the assumptions and method below.
How does this calculator work?
Regular deposits add to your balance while compounding grows the accumulated amount. Compare different deposit amounts, terms and return assumptions.
The formula
Balance = P(1+r)^n + D × ((1+r)^n − 1) ÷ r; deposit D is made at the end of each month.
What should you know?
- Deposits are made at the end of each month and returns compound monthly.
- Excludes inflation, fees and taxes. Future returns are not guaranteed.
Common questions
What happens with a zero return?
The final balance equals the initial amount plus all monthly deposits.
Would deposits at the beginning of each month give the same result?
No. A beginning-of-month deposit earns one extra month of return compared with this calculator’s assumption.
Sources and verification
How do we choose formulas and check results?
Sources explain the method or its limits; they do not imply that the linked organizations endorse this calculator.