← Savings Calculator
How Much Will I Have After 2 Years of Saving?
See how your money grows over 2 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
$5,037
Total after 2 years
Total Contributions
$4,800
Interest Earned
$237
Interest Bonus
You'll earn $237 in interest, which is 4.9% on top of your contributions.
Initial deposit$0
Monthly contributions (2 years)$4,800
Total interest earned$237
Effective annual rate (APY)5.12%
Final balance$5,037
Monthly Breakdown
Monthly contribution
$200
Avg. monthly interest
+$10
2 Year Savings Summary
$4,800
Your Contributions
+$237
Interest Earned
$5,037
Total Balance
Year-by-Year Growth
| Year | Start Balance | Contributions | Interest | End Balance |
|---|---|---|---|---|
| 1 | $0 | $2,400 | +$56 | $2,456 |
| 2 | $2,456 | $2,400 | +$181 | $5,037 |