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Save $250,000 in 3 years at 1%
Exact compound math for the given inputs.
$6,843.69
monthly deposit to reach the goal
Goal$250,000
You deposit$246,372.89
Interest covers$3,627.11
Deposits36 monthly
Frequently asked questions
How much do I need to save monthly?
To reach $250,000 in 3 years at 1% APY you need $6,843.69 per month (36 deposits).
How much comes from interest?
You deposit $246,372.89 in total; compound interest contributes the remaining $3,627.11 of the goal.
What if I earn 0% interest?
With no interest you would need $6,944.44 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.