Free Tool · Finance & Budgeting

Savings Calculator

See exactly how much you could have — and how much is free money from compound interest — by putting away a regular amount over time.

How much will you save?
Amount per day$10
$1$100
Starting balance (optional)
Over how many years?
Years10 years
1 yr40 yrs
Interest rate
Annual rate5.0% p.a.
0%12%
Current high-interest savings accounts in Australia: ~4.75–5.5% p.a.
Total balance
$47,232
after 10 years
Amount you put in
$36,500
your contributions
Interest earned
$10,732
23% of total
Growth over time
1yr
2yr
3yr
4yr
5yr
6yr
7yr
8yr
9yr
10yr
Contributions
Interest
Milestones
$1.0KYear 1
$5.0KYear 2
$10.0KYear 3
$25.0KYear 6
$50.0KYear 11
Go deeper with Finance & Budgeting lessons
You've seen the numbers —
now learn how to hit the goal

Compound interest is powerful. These lessons explain how to automate your savings so you never miss a contribution.