Saco Valley Credit Union
Saco Valley Credit Union
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Compounded Savings Calculator

How much can I save over time?

This calculator takes an initial sum of money and compounds it monthly over a fixed period of time at a fixed annual yield. Plus it allows you to add monthly contributions.

Enter the number of years you want to save, the interest yield on the desired savings account, the initial opening balance and how much you plan to add to the savings account each year.

Years:
Percent Yield:
Initial Balance:
Monthly Contribution:
Savings Results
Final Balance
Total Contributions
Total Earnings
This table shows you the total amount of earnings per year:

*Calculator provides general estimations only. Inconsistencies may occur with the use of the calculator and the outcomes are not credit guarantees. For specific payment and interest information, please contact us.
 
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