Savings Interest Calculator

http://www.vertex42.com/Calculators/savings-interest-calculator.html

2008 Vertex42 LLC

Savings Plan Inputs

Years to Invest
Initial Investment

Expected Annual Interest Rate

Summary of Results

20
10,000
4.00%

Estimated Future Value

Value After 20 Years

95,580.75

Gain / Loss Summary

Scheduled Deposits
Deposit Amount
Deposit Frequency

$
$

Total Invested

200.00
Monthly

Interest Earned

58,000.00
37,580.75

Additional Annual Investments

$120,000

Balance

$100,000

Use Random FALSE

Rates

My Investment

-4.00%
10.00%
4.00%

Min

$80,000

Max

$60,000

Average

(Press F9 to Recalculate)

$40,000
[42]

$20,000
$0

10

Interest

15

20

25

Scheduled
Deposits

Extra Annual
Deposits

Balance

Year

Rate

4.00%

451.91

2,400.00

12,851.91

4.00%

568.10

2,400.00

15,820.01

4.00%

689.02

2,400.00

18,909.03

4.00%

814.88

2,400.00

22,123.91

4.00%

945.85

2,400.00

25,469.76

4.00%

1,082.17

2,400.00

28,951.93

4.00%

1,224.04

2,400.00

32,575.97

4.00%

1,371.69

2,400.00

36,347.66

4.00%

1,525.35

2,400.00

40,273.01

10

4.00%

1,685.28

2,400.00

44,358.29

11

4.00%

1,851.72

2,400.00

48,610.01

12

4.00%

2,024.94

2,400.00

53,034.94

13

4.00%

2,205.22

2,400.00

57,640.16

14

4.00%

2,392.84

2,400.00

62,433.00

15

4.00%

2,588.11

2,400.00

67,421.11

16

4.00%

2,791.33

2,400.00

72,612.45

17

4.00%

3,002.84

2,400.00

78,015.28

18

4.00%

3,222.96

2,400.00

83,638.24

19

4.00%

3,452.04

2,400.00

89,490.28

20

4.00%

3,690.46

2,400.00

95,580.75

10,000

10,000.00

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