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Save $250,000 in 3 years at 2%

Exact compound math for the given inputs.

$6,743.98
monthly deposit to reach the goal
Goal$250,000
You deposit$242,783.21
Interest covers$7,216.79
Deposits36 monthly

Frequently asked questions

How much do I need to save monthly?
To reach $250,000 in 3 years at 2% APY you need $6,743.98 per month (36 deposits).
How much comes from interest?
You deposit $242,783.21 in total; compound interest contributes the remaining $7,216.79 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

Same rate, 5 yearsRate 4%

Change the numbers yourself

Open the interactive savings goal calculator — every field is editable.