Savings Goal Calculator
Savings Goal Calculator by NIVITA HUF. Model scenarios, review calculations, explore detailed breakdowns and export results. Useful free planning tool.
Set your assumptions
Update the values to calculate your scenario.
Your calculation
Results update as you enter information.
JavaScript is required for interactive calculations.
How this calculator works
Future value = initial × (1+r)^months + monthly deposit × ((1+r)^months−1)/r, where r is effective monthly rate.
Important assumptions
Assumes equal deposits at each month-end and a constant effective monthly return. Actual RD bank compounding methods, deposit dates and penalties differ.
About the Savings Goal Calculator
What inputs are needed for the Savings Goal Calculator?
The calculator supports Monthly deposit (₹); Opening amount (₹); Annual interest / return (%); Saving period (years); Target amount (₹). You can change each applicable input and immediately recalculate.
How does the Savings Goal Calculator calculate its results?
Future value = initial × (1+r)^months + monthly deposit × ((1+r)^months−1)/r, where r is effective monthly rate.
Can I save or share my calculation?
Yes. Use Export CSV for the results table, Copy results for a summary, Share scenario for an input-preserving link, or Print to keep a copy. No sign-in is needed.
Are calculator results guaranteed?
No. Calculations depend on the values entered and the assumptions shown. Financial products and regulatory rules can change, and investment projections do not guarantee returns.