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Save $25,000 in 1 year at 4%
Exact compound math for the given inputs.
$2,045.41
monthly deposit to reach the goal
Goal$25,000
You deposit$24,544.97
Interest covers$455.03
Deposits12 monthly
Frequently asked questions
How much do I need to save monthly?
To reach $25,000 in 1 years at 4% APY you need $2,045.41 per month (12 deposits).
How much comes from interest?
You deposit $24,544.97 in total; compound interest contributes the remaining $455.03 of the goal.
What if I earn 0% interest?
With no interest you would need $2,083.33 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.