Home › Calculators › Savings goal calculator › 100000-5y-2
Save $100,000 in 5 years at 2%
Exact compound math for the given inputs.
$1,586.11
monthly deposit to reach the goal
Goal$100,000
You deposit$95,166.56
Interest covers$4,833.44
Deposits60 monthly
Frequently asked questions
How much do I need to save monthly?
To reach $100,000 in 5 years at 2% APY you need $1,586.11 per month (60 deposits).
How much comes from interest?
You deposit $95,166.56 in total; compound interest contributes the remaining $4,833.44 of the goal.
What if I earn 0% interest?
With no interest you would need $1,666.67 per month — interest does part of the work here.
Try nearby scenarios
Change the numbers yourself
Open the interactive savings goal calculator — every field is editable.