Savings Goal Calculator Use this calculator to figure how much your current savings will grow and how much more you’ll need to save each month in order to achieve a given savings goal within a given number of years. Start with line 1 and enter your future savings goal. Savings Goal: Enter the amount of your future savings goal. Current savings balance: Enter the amount of money you currently have set aside (in an interest earning account) for applying toward your future savings goal. Annual percentage rate (APR): Enter the annual percentage rate (as a whole number, e.g. if 6.5%, enter 6.5) that you expect your savings will grow at. Number of years: Enter the number of years between now and when you want to accomplish your savings goal. Then click on the Compute button. Current savings future value (FV): This is the amount your current savings will grow to at the end of the specified number of years. Total savings gap: This is the total additional amount you will need to meet your savings goal. Monthly deposit required: This is how much money you will need to save every month to reach your future savings goal. Automobile BudgetLoan ComparisonLoan PaymentMonthly DepositMortgage PaymentMortgage QualificationRetirement SavingsSavings Goal