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Save $250,000 in 5 years at 1%
Exact compound math for the given inputs.
$4,065.10
monthly deposit to reach the goal
Goal$250,000
You deposit$243,906.21
Interest covers$6,093.79
Deposits60 monthly
Frequently asked questions
How much do I need to save monthly?
To reach $250,000 in 5 years at 1% APY you need $4,065.10 per month (60 deposits).
How much comes from interest?
You deposit $243,906.21 in total; compound interest contributes the remaining $6,093.79 of the goal.
What if I earn 0% interest?
With no interest you would need $4,166.67 per month — interest does part of the work here.
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Change the numbers yourself
Open the interactive savings goal calculator — every field is editable.