Starting Balance Calculator

Use this calculator to find out what starting balance you would need to withdraw a specified amount each month from an account.

Start date:
Withdrawal amount:	$		Withdrawal period:		Daily Weekly Bi-Weekly Monthly Bi-Monthly Quarterly Semi-Annual Annual
Number of withdrawals:
Rate of return:		%

Would you like to print an amortization schedule? Yes No

Be sure to press "Compute" before using the results.

Starting balance:

$

392,203.22

Click here to see how long it would take you to save this amount.

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The information provided by these calculators is for illustrative purposes only. The information entered may vary from your actual loan, mortgage, investment, or savings results. Interest rates are hypothetical and are not meant to represent any specific investment. Rates of return will vary over time, particularly for long-term investments. The calculated results are not guaranteed to be accurate and are in no way endorsed, offered or guaranteed by Macomb Schools and Government Credit Union.