Back to the blog

Money

Saving at a steady rate: what the arithmetic says.

Compound interest, monthly amounts, deposits and withdrawals worked out at a rate you choose, with what you put in and what it grew by said apart.

By 3 min read

The Loan calculator: ₹8,678 a month for 20 years, with each year's payments split between the loan and interest

Savings grow on what they have already grown. Here is the arithmetic, with your own rate.

Your rate, not a forecast.

Every answer uses the rate you type as if it held every year; real returns go up and down, and the page says so.

Put in and grown.

The answer gives what you put in and what it grew by apart, and the chart shows each year's split.

In today's money.

Turn on today's money to divide by inflation for each year, so the result can be compared with prices now.

Further reading

Topics: savings calculator · savings growth · investment calculator · compound interest · monthly savings

A little less theory. A little more doing.

Try it on your own terms, with a free browser tool.

Try the tool