Send us translation corrections, feature suggestions and bug reports.Contact: toolsintab@gmail.com

Monthly savings & target

Project monthly savings or find the monthly deposit needed to reach an after-tax target, with a month-by-month breakdown. Files and entered content are not sent to or stored on a server.

How to use

Project monthly savings or find the monthly deposit needed to reach an after-tax target, with a month-by-month breakdown.

Please note

Monthly compounding at annual rate ÷ 12. Interest tax is deducted once at the end; actual bank products may use other rules.

Monthly savings & target User guide

Instructions

  1. Choose projected savings or the monthly deposit needed for a goal.
  2. Enter the known amount, starting savings, rate and months; adjust deposit timing and tax if needed.
  3. Read the expected total, required monthly deposit and monthly schedule.

Example

Input / settings

Start 0 · deposit 100 · rate 0% · 12 months · target 2,400

Result / checks

Expected 1,200 · target needs 200/month

Beginning-of-month deposits earn one additional month of interest.

Please note

  • Monthly compounding at annual rate ÷ 12. Interest tax is deducted once at the end; actual bank products may use other rules.
  • Inputs stay in this browser. Results update immediately and can be copied without creating a file.