Savings Calculator - Estimate Future Value of Your Money

Our free Savings Calculator helps you understand how your money grows over time. Whether you're saving for a future goal, an emergency fund, or regular investment, this tool lets you estimate the total value of your savings based on monthly deposits, interest rate, and time.

What You Can Calculate:

  1. Future Value: Total savings amount at the end of the period
  2. Total Contributions: Sum of all monthly deposits
  3. Total Interest Earned: How much money your investment earned in interest

This calculator is ideal for salary-based monthly savers, long-term investors, or anyone planning for financial goals like travel, education, or retirement.

How to Use the Savings Calculator

  1. Enter your initial deposit amount - this is the one-time amount you already have saved.
  2. Enter your monthly saving amount - how much you plan to add every month.
  3. Set the annual interest rate (%) - the expected annual return from your savings or investments.
  4. Choose your saving period (in years) - the total duration you want to save for.
  5. Click "Calculate" - the tool will instantly show:
    1. Future Value of your savings
    2. Total Amount Invested
    3. Total Interest Earned

Example Calculation

If you save ₹5,000 per month for 5 years at an annual interest rate of 7%, you will have:

  1. Future Value: ₹3,56,000 (approx)
  2. Total Contributions: ₹3,00,000
  3. Total Interest Earned: ₹56,000

Note: Actual returns may vary based on interest compounding and market conditions.

Frequently Asked Questions (FAQs)

What is a Savings Calculator?

It is an online tool that helps you estimate how much your savings will grow over time based on your monthly contributions and interest rate.

Is the interest compounded monthly or yearly?

Our calculator assumes monthly compounding for more accurate results. However, actual returns depend on the investment product.

Can I use this calculator for SIPs?

Yes, you can use this calculator to estimate the growth of your SIP (Systematic Investment Plan) assuming a fixed monthly contribution and interest rate.

Helpful Links

  1. Income Tax Calculator - Estimate your income tax liability for the current financial year.
  2. EMI Calculator - Calculate your monthly loan repayment with ease.
  3. Age Calculator - Find your exact age in years, months, and days.




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