SIP calculator
What a monthly SIP comes to at the rate you assume, with a yearly step-up if you like. Free, with no account or uploads.
What a SIP adds up to
Type the monthly amount and the rate you assume; money goes in at the start of each month.
Your own assumption: real returns go up and down.
If it grew at 7% every year
$34,617 after 10 years
$24,000 put in and $10,617 of growth. Real returns go up and down; this is the arithmetic of one steady rate.
At 7% money doubles in about 10.3 years by the rule of 72; exactly 10.2.
Show the numbers as a table
| Year | Put in | Growth |
|---|---|---|
| Year 1 | $2,400 | $79 |
| Year 2 | $4,800 | $336 |
| Year 3 | $7,200 | $786 |
| Year 4 | $9,600 | $1,442 |
| Year 5 | $12,000 | $2,319 |
| Year 6 | $14,400 | $3,432 |
| Year 7 | $16,800 | $4,800 |
| Year 8 | $19,200 | $6,440 |
| Year 9 | $21,600 | $8,372 |
| Year 10 | $24,000 | $10,617 |
A step-up: each year's monthly amount is this much more than the last.
A little help along the way
Follow these steps. Every option is explained underneath. Everything runs in your browser; nothing is sent anywhere.
- Say what you are saving withMoney each month, a lump sum, both, a fixed or recurring deposit, or taking money out.
- Type the amounts and a rateThe rate is your own assumption; real returns go up and down.
- Choose the yearsCommon lengths are one press away.
- Read the answerWhat it comes to, what you put in and what it grew by, and when it doubles.
Questions people ask
- When does each month's money go in?
- At the start of each month, as SIPs usually do; choose the end under More options.
- What is a step-up SIP?
- The monthly amount rises by a per cent each year; set it under More options.
- Is the return a forecast?
- No. It is the arithmetic of one steady rate you choose; real returns go up and down, and nothing here is advice.
This page is the Savings calculator, opened for this one job; every other tool it has is one press away. Each of its settings is explained on the Savings calculator's own page.
Read the step-by-step guide