The Money Makeover

Savings Calculator

Work out how much you can save, how long to reach your goal, or how much to save monthly

How Much Can I Save?

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Your Results

Enter your details and click "Calculate Savings" to see your results

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UK Savings Calculator: Plan Your Financial Future

How to Use the Savings Calculator

Our savings calculator helps you plan your financial future with three powerful tools:

1. How Much Can I Save?

Enter your monthly savings amount, interest rate, and time period to see how much you'll have saved. This shows the power of compound interest - where your money grows faster over time.

2. How Long to Reach My Goal?

Set your savings target and monthly amount to find out when you'll reach your goal. Perfect for planning holidays, house deposits, or emergency funds.

3. How Much Should I Save Monthly?

Know your target and deadline? This calculator shows exactly how much to save each month to reach your goal.

Understanding Your Results

The calculator shows two important figures:

  • Total Saved: Your final amount including interest
  • Interest Earned: Extra money from compound interest
  • Capital Contributed: The money you actually put in

Tips for Better Savings

Start early - even small amounts grow significantly over time. Use high-interest savings accounts or ISAs to maximize your returns. Regular monthly savings often work better than lump sums.