Savings Calculator

Simulate savings growth with compound interest and regular deposits.

Future value

83 259 Kč

Total contributed

70 000 Kč

Interest

13 259 Kč

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Formula

FV = P × (1 + r/12)^(12y) + PMT × (((1 + r/12)^(12y) − 1) / (r/12)); if r = 0: FV = P + PMT × 12y

Example: 10,000 CZK + 1,000 CZK/month, 6% p.a., 5 years → future value over 83,000 CZK

Methodology

Future balance = FV of initial principal + FV of deposit annuity at given rate and frequency.

Example

Start 50,000 CZK + 2,000 CZK/month, 4% p.a., 10 years → about 350,000 CZK.

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