← Savings Calculator
How Much Will I Have After 1 Years of Saving?
See how your money grows over 1 years with compound interest. The longer you save, the more interest you earn on your interest.
Your Savings Plan
Enter your savings details to see how your money grows
$
$
Your Savings Growth
See how your savings will grow over time
$2,456
Total after 1 year
Total Contributions
$2,400
Interest Earned
$56
Interest Bonus
You'll earn $56 in interest, which is 2.3% on top of your contributions.
Initial deposit$0
Monthly contributions (1 years)$2,400
Total interest earned$56
Effective annual rate (APY)5.12%
Final balance$2,456
Monthly Breakdown
Monthly contribution
$200
Avg. monthly interest
+$5
1 Year Savings Summary
$2,400
Your Contributions
+$56
Interest Earned
$2,456
Total Balance
Year-by-Year Growth
| Year | Start Balance | Contributions | Interest | End Balance |
|---|---|---|---|---|
| 1 | $0 | $2,400 | +$56 | $2,456 |