Savings Calculator
How to Use This Savings Calculator
This calculator helps you estimate how your savings will grow over time with compound interest. Enter your:
- Initial Deposit: The amount you start with
- Monthly Contribution: How much you'll add each month
- Annual Interest Rate: The yearly interest rate as a percentage
- Time Period: How many years you plan to save
- Compound Frequency: How often interest is calculated (monthly, quarterly, or annually)