How could rates and fees change your savings?
Compare two user-entered savings rates and monthly fees with the same starting savings, additions and time period.
Enter effective annual rates, including compounding, and separate monthly fees. This compares your assumptions, not live accounts or a best-account ranking.
Your result
These results are out of date. Check the highlighted fields before using, downloading or printing them.
Balance over time
Full monthly breakdown
CSV files open in spreadsheet software. Downloading or printing creates a copy outside this page. The selected option is named above and in the file.
Understand this estimate
Enter effective annual rates, including compounding, and separate monthly fees. This compares your assumptions, not live accounts or a best-account ranking.
Worked example
At 0%, starting with 1000 and adding 100 each month for 12 months gives 2200 without fees, or 2176 with a monthly fee of 2. The second account charges 24 in fees.
How we calculate this
The assumed return is effective per year. The monthly growth factor is (1 + yearly return / 100) raised to 1/12.
Each month earns growth on its starting balance, then pays any modelled fees, then receives contributions or makes withdrawals at month end.
Projections retain fractional cents internally and round only for display. Displayed rows can differ by a cent when added. Amounts above 10000000000000 are unsupported. Actual returns vary; tax, inflation and product rules are excluded unless explicitly entered.
Sources explain the underlying concepts; this calculator uses the conventions described above. It does not recommend a financial product.
Your numbers stay in this page. We do not save them to your browser, put them in the URL, or send them for calculation. Read our privacy information.