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Savings goal calculator

Pick a target — a down payment, a wedding, a car — and a deadline. This tells you the exact monthly amount to get there, with your account's interest doing part of the work.

Your plan

Save per month
Per week (roughly)
You'll deposit in total
Interest covers

Assumes steady monthly deposits and a constant APY with monthly compounding.

Make it automatic

The monthly number only works if it actually happens. Most banks let you schedule an automatic transfer the day after payday — treating savings like a bill is the single most reliable savings tactic there is.

Short timeline? Keep it safe

For goals under roughly five years, most financial educators suggest keeping the money in FDIC- or NCUA-insured accounts (high-yield savings, CDs) rather than investments, because a market drop right before your deadline could derail the goal. For why, see where to keep a down payment.

Estimates only. This calculator uses simplified math and the numbers you enter. Real-world loans and accounts can include fees, compounding differences, rate changes, taxes, and lender-specific rules that this tool doesn't capture. Results are for education — not financial advice and not a quote or offer. Verify any decision with your own statements, your lender or bank, or a qualified professional.

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