Savings Goal Calculator
Turn a target amount into a weekly or monthly savings plan, accounting for money already saved.
Enter your figures
Fill in every field to see your estimate. Enter 0 for a known zero value.
How it works
Subtract existing savings from your target to find the remaining amount. Divide by the number of weekly or monthly contributions you intend to make. The calculator rounds each contribution upward to the nearest kobo so rounding does not leave you slightly short.
If you need ₦600,000 for rent and already have ₦120,000, you have ₦480,000 left to save. Over 12 monthly contributions that is ₦40,000 per month. When switching to weekly, enter the number of weeks available rather than leaving your monthly count in place.
The plan assumes equal contributions and excludes interest, returns, fees and inflation. Review the price of your goal periodically and adjust your target. If you have already saved at least the target, the remaining contribution is zero.
Frequently asked questions
Does this promise returns?
No. It assumes no investment growth.
How do I choose weeks or months?
Choose the frequency and enter the number of contributions before your deadline.
What if I reached the target?
The remaining amount and required contribution are zero.
Are fees included?
No. Add expected fees to your target if needed.