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SERVING ANYONE WHO LIVES, WORKS, OR WORSHIPS IN LICKING COUNTY

Monthly Savings Calculator

Instructions: To calculate the how long it will take to reach your savings goal, enter the beginning balance, your savings goal, the monthly dollar amount you plan to deposit and the interest rate you expect to earn, then click the "compute" button. Note that this calculator is based on monthly compounding.

Note: When entering numbers into the data fields only use numbers and applicable decimal points. Entering commas, dollar signs, or any other non-numeric characters will cause an error. Also please note that this calculator has been tested to work with Internet Explorer 3.01 and Netscape Navigator 3.01 web browsers. However, both must have the JavaScript option turned on.

Amount you want to start with:

Amount you want to reach (goal):

Amount you plan to add monthly:

Enter the annual interest rate:

 

# of months until goal is met:

# of years until goal is met:

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Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United States Government. National Credit Union Administration, a U.S. Government Agency.
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