SAVINGS CALCULATOR

Savings Calculator

Savings calculator helps you compute the amount you can save within the time period you specify given a starting balance, monthly savings, rate of return and number of months (investment tenure). This calculator can also be used for SIP (Systematic Investment Plan) investments.

Assumptions:

• This calculator assumes monthly compounding and monthly payment frequency.
• The effect of taxation on your return has not been considered.
• The start date is assumed to be the first day of the current month with periodic deposits beginning the first day of next month.
• The savings goal is available upon your final deposit

Other calculators you may find useful

• Investment Interest rate calculator
• Loan affordability calculator
• Investment Monthly Saving Calculator
• Prepayment calculator

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