Savings Calculator
See how much your savings could grow with regular deposits and interest.
Enter your numbers and select Calculate to see results.
About This Calculator
This calculator projects the growth of a savings account or similar low-risk account, combining a starting balance, regular monthly deposits, and an annual interest rate (like a high-yield savings account APY) to show your projected balance over time.
How This Is Calculated
Balance = Starting Balance compounded monthly at the APY, plus monthly deposits added each period
$2,000 starting, $300/month, at 4.5% APY for 5 years grows to about $20,600.
Assumptions
- Assumes the APY stays constant for the entire period; savings account rates can and do change.
- Assumes monthly compounding, standard for most savings accounts.
Frequently Asked Questions
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Last updated January 15, 2026. Results are estimates for informational purposes only — read our disclaimer.