MoneySavingExpert ChairFounder, Martin Lewis · Editor-in-Chief, Marcus Herbert
  2. Banking & Savings
  3. Savings Calculator

The Savings Calculator

Find how much interest you’ll earn, or how much you’ll need to save or how long for to hit your savings goal

The Savings Calculator

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See our Regular Saver and Top Savings Accounts guides for the need-to-knows and our top-pick accounts.

Using the calculator

This calculator allows you to calculate how much interest you'll be paid, how long you'll need to save for something or tells you how much you need to save each month to meet a goal.

You might get one rate now, but unless you've fixed your rate, it's likely you won't get the same rate in a year – so you may need to redo the calculation then.

The calculator assumes you put money in at the beginning of each month, so if this isn't how you do it, the answers will be slightly out. If you don't make regular deposits but put lump sums in, figure out the monthly equivalent for a rough answer. Feel free to play with the results to see how it impacts your savings.

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