Savings Calculator

Do you want to know how much interest your savings will generate? Or perhaps you need to know how long it will take you to save up for a big purchase like a car? Our savings calculator can help you answer a variety of questions about your savings and interest rates.

To get started just click on the option that suits your requirements, enter the relevant numbers, and our calculator will do the rest.

aHow much will I have in the future?
Ideal if you want to know how much regular saving will earn you over a period of time.
bHow long will you need to save for something?
Want to save for something new? Our calculator will tell you how long you need to save to reach your goal.
cHow much should I save each month?
Saving for something special? The calculator will tell you how much to put into your savings each month

How long will you need to save for something?
£
£
£
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Calculate

How much should you save each month?
£
£
When do you need it by?  
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Calculate

How much will I have in the future?
£
£
  %
How long do you want to save for?  
Calculate
 
How we calculate your results
In order to provide you with your calculation, our calculator makes a number of assumptions, so please be aware that the results are indicative only. Please see the assumptions below:
1. The calculator assumes any rate you enter is fixed, therefore if a rate was variable and was to change then the calculation would also change.
2. The calculator assumes that you deposit money on the 1st day of the month. Therefore it does not calculate 'daily interest'.
3. For best results enter AER rates. AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year.
4. The calculation is based on compound interest and is capitalised on an annual basis.
5. The calculation does not take taxation into account.

Cheshire Building Society is a trading division of Nationwide Building Society which is authorised and regulated by the Financial Services Authority under registration number 106078. Credit facilities other than regulated mortgages are not regulated by the Financial Services Authority. You can confirm our registration on the FSA's website, www.fsa.gov.uk or by contacting the FSA on 0845 606 1234. Head Office: Nationwide House, Pipers Way, Swindon, Wiltshire, SN38 1NW. This site is intended for UK residents unless otherwise stated.

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