New Savings Calculator Aims To Remove The Guesswork When Deciding How Much To Put Away For Future Goals

Create Your Savings Plan Online

You can now create a fully detailed savings plan online at TheMoneyCalculator.com. This is the only savings calculator to allow you to calculate not only what the value of your current savings plan will be, but also work in reverse and let you know how much you need to save in order to save a particular amount of money.

It has a mode to deal with savings plans taken out solely for the purpose of repaying an interest only mortgage. With adjustable tax brackets and the ability to add costs (regular/irregular) you can get a good estimate of contributions required for an ISA or other savings plan based mortgage repayment vehicle.

Full options include:

  • Inflation
  • Irregular and regular savings deposits
  • Irregular and regular withdrawals and costs
  • Tax on interest or Tax Free (ISA) – Changeable Tax Brackets and Annual or At Source Tax Deduction
  • Starting Lump Sum Contributions
  • Initial Charges (When starting the plan) and Charges Applied Per Deposit
  • Interest Calculation Periods (Annual, Monthly, Daily)

The calculator will produce a printable statement with charts!

If you are creating a plan for a mortgage it will compare the mortgage payments with the money you invest into the savings plan too.

Try the Savings Calculator now.

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This site is designed to give you an understanding of financial products out in the wild, preparing you for proper professional advice.

We have provided guides, tools, a selection of deals (lowest rate and/or fees) but expect you to seek full professional advice with a whole of market adviser before making any decision.

Use the information provided at your own risk, we're not providing advice and errors can be made. Calculations made on the site are estimates, therefore in places assumptions or approximations may be used. We cannot accept responsibility nor are liable for any mistakes.

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