Savings Calculator
See how your UK savings could grow with an initial amount, regular monthly deposits and interest. All figures in GBP.
How to use the savings calculator
Enter your starting balance (or 0), how much you can save each month, the interest rate your account pays (e.g. AER), and how many years you want to save. The calculator shows your estimated balance at the end of that period. Interest is compounded monthly. This is for illustration only; actual rates and returns vary.
Frequently asked questions
How does the savings calculator work?
It compounds your initial amount and monthly deposits at the interest rate you enter, month by month, to give an estimated future balance in GBP.
What rate should I use?
Use the rate your savings account pays (e.g. AER). Check your bank or a comparison site for current UK rates.
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Cite This Calculator
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<p>Calculator: <a href="https://onlinecalculator.co.uk/finance/savings-calculator" target="_blank">Savings Calculator</a> - OnlineCalculator.co.uk</p>APA Style Citation:
OnlineCalculator.co.uk. (2025). Savings Calculator. Retrieved from https://onlinecalculator.co.uk/finance/savings-calculatorNote: This calculator is free to use and reference. No permission required for educational or commercial citation.