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Savings Calculator

Calculate the future value of a savings account given an initial deposit, regular contributions and interest rate.

Currency for this calculator
Future Balance
$45,665.77
  • Total Deposited$37,000.00
  • Interest Earned$8,665.77
Show your work
  1. Monthly rate = 4% ÷ 12 = 0.3333%
  2. FV = $1,000.00(1+i)^120 + $300.00×[((1+i)^120−1)/i] = $45,665.77

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