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KitWren

Savings Goal Calculator

Find how long it takes to reach a savings goal, or how much to save each month to get there.

  1. Enter your numbers
  2. Results update as you type
  3. Copy the answer or share the link
Runs in your browser. Your data and files never leave your device.

About the Savings Goal Calculator

Plan a savings goal — a house deposit, a car, an emergency fund — by finding either the time it takes at your current savings rate or the monthly amount needed to reach it by a date.

Savings Goal Calculator formula

monthly deposit = (goal − start × (1 + r)^n) × r ÷ ((1 + r)^n − 1)

Frequently asked questions

How big should an emergency fund be?

A common guide is three to six months of essential expenses.