Work out exactly how much to save each month to reach any savings goal — an emergency fund, a house down payment, a car, or a dream trip. Interest included.
Find out how much to set aside each month to reach your goal on time.
Big goals feel abstract until they become a monthly line in your budget. This calculator works backwards: it grows your current savings forward at your account's APY, subtracts that from the target, and solves for the monthly deposit that closes the gap in your chosen timeframe.
Not sure how large your emergency fund should be? Our emergency fund guide walks through the 3–6 month framework step by step.
Yes. Enter your account APY and it factors monthly compounding into both your existing balance and future contributions, so the required monthly amount is usually lower than simple division would suggest.
For goals within about five years, most savers use high-yield savings accounts or CDs. They are FDIC-insured and immune to market drops, which matters when your timeline is fixed.
Extend the timeline, trim the goal, or attack both: even a few extra months meaningfully lowers the monthly requirement. The calculator makes it easy to test scenarios.
Turn any savings goal into a concrete monthly deposit with two simple formulas, worked examples for real goals, and tips for picking the right account.
A step-by-step plan to build an emergency fund from zero: how much to save, where to keep the money, and realistic timelines with real dollar math.
How to save for a house down payment: how much you really need, where to park the money, and timeline math showing when you can buy at your savings rate.