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SAVINGS CALCULATOR

INSTRUCTIONS

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.

ENTER DETAILS HERE  
   
Initial Lump Sum Investment $
Monthly Savings $
Interest Rate    %
Term of Investment    years


  
RESULT  
   
Total Amount Invested $
Interest Earned $
Final Balance $
   
   

NOTES

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

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Last modified: 27 April, 2007

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