Savings Goal Calculator: how much to save each month
Set a goal and a date, and see how much to put away each month to get there, including interest.
Estimates for information only, using 2026/27 rates for England, Wales and Northern Ireland unless stated. Not financial or tax advice; check your own situation with HMRC or a qualified adviser.
How it works
We work out what your current savings will grow to, then the monthly saving that makes up the rest, with monthly interest.
Higher interest rates and longer timeframes reduce how much you need to save each month.
Frequently asked questions
How big should an emergency fund be?+
A common guide is three to six months of essential spending.
Where should I keep savings for a house deposit?+
Many first-time buyers use a Lifetime ISA, which adds a 25% government bonus.