Mortgage Calculator

Saving Calculator

This saving calculator provides you with the total accumulation in a savings account if you make a regular deposit.

The calculator does not take into account any changes in the interest rate over time or any account fees you may be charged. However, it provides you with a good estimate of the potential growth of your money over the selected period of time.

Important notice: All computations are for illustrative purposes and do not constitute advice or a guarantee of a loan approval.

Our Saving Calculator Shows You How Your Money Can Grow

If you are aiming to build a deposit to make a large purchase, then it’s important to get your money working for you. One great way to do this is by taking advantage of a compounding interest savings account.

What’s great about compounding interest is you earn interest on the initial amount you’ve deposited and as each month goes by, you earn money on the interest you accumulated from the previous month. Many financial institutions also offer bonus interest for additional deposits you make each month.

So, the sooner you start saving, the more you’ll earn. But it’s never too late. The important thing is just to get started.