Major Purchase Savings Calculator


How much money will you need to save each month to reach a desired savings goal?

After-Tax amount savings goal: $
Amount you have now: $
Number of months to save:
Interest rate: %
Income tax rate: %

*Note: Income tax rates affect the compounded rate of return.

You need to save $242.19 each month for 12 months in order to save $3,000.00 after-tax.

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The information provided by these calculators are estimates based on the information entered and may vary from your actual loan, mortgage, investment or savings results. The calculated results are not guaranteed to be accurate and are in no way endorsed, offered or guaranteed by Financial Strategies Online.