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Save $250,000 in 5 years at 2%
Exact compound math for the given inputs.
$3,965.27
monthly deposit to reach the goal
Goal$250,000
You deposit$237,916.40
Interest covers$12,083.60
Deposits60 monthly
Frequently asked questions
How much do I need to save monthly?
To reach $250,000 in 5 years at 2% APY you need $3,965.27 per month (60 deposits).
How much comes from interest?
You deposit $237,916.40 in total; compound interest contributes the remaining $12,083.60 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.