Calculate savings goal contributions

Find the monthly contribution needed to reach a savings goal.

Local processing · Nothing is uploaded · 1 MB input limit

Input & settings

Result

Ready. Enter your input to begin.

How to use this tool

Enter the goal, current balance, nominal annual rate and term. Existing savings compound monthly. The monthly contribution rounds up to the nearest cent.

Limits and behavior

Illustrative constant-rate calculation, excluding tax, fees, withdrawals and lender-specific day-count rules. Amounts use one currency unit and round to two decimals. Returns are not guaranteed. Uses nominal rate ÷ 12 with no monthly ledger rounding. If current savings already meet the future goal, required contributions are zero. Maximum 600 months. Input is limited to 1 MB and output to 3 MB. No input content is saved by CraftAI.

Plan contributions toward a savings goal

Enter a target amount, horizon and supported rate assumptions to estimate required recurring savings.

Does reaching the calculated contribution guarantee the goal?

No. Returns, fees, deposit timing and market changes may affect actual outcomes.