Saving is income not spent, or deferred consumption. Saving also includes reducing expenditures, such as recurring costs. In terms of personal finance, saving specifies low-risk preservation of money, as in a deposit account, versus investment, wherein risk is higher.

This calculator is designed to help you estimate your interest earned and final balance from a monthly savings investment

  1. Enter your investment and savings amounts, the interest rate and term of the investment
  2. Click once on the "Calculate" button to calculate your result
Initial Lump Sum Investment $
Ongoing Monthly Savings Invested $
Anticipated Interest Rate         %
Term of Investment in Years  

Total Amount Invested $
Interest Earned $
Final Balance $


Savings are assumed to be deposited at the beginning of each month with interest compounded monthly. Results exclude any fees or taxes payable.