# Savings goal calculator UK: how much to save | ComputeNow

URL: https://computenow.co.uk/savings-goal-calculator/

> Work out how much to save each month to reach a goal by a date, counting interest and what you have saved already.

This calculator shows a worked example below. To use your own figures, add them to the URL as query parameters (listed in https://computenow.co.uk/llms.txt), for example https://computenow.co.uk/savings-goal-calculator/?<parameter>=<value>.

[What's Left, step 5 of 7: How much should I put aside?](https://computenow.co.uk/money-plan/#steps)

# Savings goal calculator

Find out how much to save each month to reach a target by a set date.
Rates checked 18 October 2026
By the ComputeNow team, checked against GOV.UK and HMRC[Sources (2)](#sources)[How we calculate](https://computenow.co.uk/methodology/)

Save
£269.60
a month for 3 years to reach £10,000.

Your £10,000

- Your deposits £9,705.50 (97%)
- Interest £294.50 (3%)

## Where it comes from

| Item | Total |
| --- | --- |
| Your deposits | £9,705.50 |
| Interest earned | £294.50 |
| Your goal | £10,000.00 |

This is an estimate, not financial advice.

### Next steps

- [Savings calculator](https://computenow.co.uk/savings-calculator/?start=0&monthly=269.6&rate=2.06&years=custom&yearsCustom=3)See it grow year by year.

Added. [See what's left each month](https://computenow.co.uk/money-plan/)
[What's Left](https://computenow.co.uk/money-plan/) adds up your monthly figures from each calculator and shows what is left each month.
[Save £269.60 Breakdown](#result)

## Reaching your goal faster

The sooner you start, the more interest does for you. Setting up a standing order on payday makes saving automatic.
A Lifetime ISA adds a 25% government bonus if you are saving for your first home and are under 40.

## Related calculators

[Savings calculator How your savings grow with interest](https://computenow.co.uk/savings-calculator/)[Compound interest calculator How interest builds on interest](https://computenow.co.uk/compound-interest-calculator/)[Budget calculator Split your pay with 50/30/20](https://computenow.co.uk/budget-calculator/)

## Guides and help

### Official services and free advice

[Individual Savings Accounts (ISAs) GOV.UK: tax-free saving and investing](https://www.gov.uk/individual-savings-accounts)[Lifetime ISA GOV.UK: a government bonus for a first home or later life](https://www.gov.uk/lifetime-isa)[Check your money is protected FSCS: cover if a bank or provider fails](https://www.fscs.org.uk/)

## Sources

Each source was last checked on 18 October 2026.

- [Bank of England: quoted household interest rates (September 2026)](https://www.bankofengland.co.uk/boeapps/database/FromShowColumns.asp?SearchText=IUMBV34&Travel=NIxAZx)
- [GOV.UK: Individual Savings Accounts](https://www.gov.uk/individual-savings-accounts)
These results are an estimate, not financial advice. They use the 2026/27 rates in force on 24 October 2026 and the inputs shown, so your actual tax, pay or costs may differ. Before making a decision about your money, check the figures with HMRC or your provider, or speak to a regulated financial adviser. Free, impartial guidance is available from MoneyHelper.
This page explains the rules using the 2026/27 rates in force on 24 October 2026. It is general information, not financial advice. For decisions about your own money, speak to a regulated financial adviser, or get free, impartial guidance from MoneyHelper.