Savings Calculator

See how regular saving and interest build a balance over time.

Your results

Enter your details and select Calculate to see your results.

This calculator provides an estimate for illustrative purposes only and does not constitute financial advice.

Answers to common questions about this calculator and its assumptions.

How does regular saving affect the result?

Monthly contributions increase your balance and may earn interest over time.

Is the interest rate guaranteed?

No. Savings rates may change unless your account has a fixed rate for a specified period.

Is tax on savings interest included?

Not necessarily. Tax treatment depends on your allowances, account type and circumstances.

What is compound interest?

It is interest earned on both the original savings and interest already credited.

For current UK financial rules and independent guidance, visit GOV.UK or MoneyHelper.