Savings goal calculator: how much to save each week or month
This free savings goal calculator works out how much to save each week, every two weeks or each month to reach a target by a date. Enter the target, what you have saved and the deadline. For example, $3,000 over 12 months is $250 a month.
You need to save
$250 a month
12 monthly contributions to cover $3,000
Goaley turns this into a dated schedule with reminders
Get the appHow does the savings goal calculator work?
It subtracts what you have saved from the target, counts the whole weeks, fortnights or months until the deadline, and divides the remaining amount by that count. The result is rounded up to the next cent so you never fall short.
| Frequency | Contributions | Amount each |
|---|---|---|
| Monthly | 12 | $250 |
| Every two weeks | 26 | $115.39 |
| Weekly | 52 | $57.70 |
Can I link straight to a result?
Yes. The calculator reads its inputs from the web address, so a link like /savings-goal-calculator?target=3000&saved=500&date=2027-10-31&every=month opens with those numbers filled in. The accepted parameters are target, saved, date (YYYY-MM-DD), every (week, fortnight or month) and currency (a three-letter code such as USD).
How many contributions are in a year?
A year has 12 months, 26 fortnights and 52 weeks. Longer deadlines mean smaller contributions, so moving a deadline out by a few months is the fastest way to lower the amount. See how much to save each month for the formula.
What does the calculator leave out?
It does not add interest and it does not know your budget. It gives you an even split of what is left. Goaley: Savings Goal Tracker uses the same split to build a dated schedule for each goal, with the next amount and an on-track status. See the savings plan.
Is the savings goal calculator free?
Yes. It runs in your browser, needs no sign-up, and does not store your numbers.
Does it include interest?
No. It divides the remaining amount evenly, so any interest you earn is a bonus.
Turn the answer into a dated plan
Download Goaley on the App Store