BRYME Money · Tool
Savings goal calculator
Goal, timeline, rate and monthly contribution in — future value out, or the exact monthly number your goal requires. The working is shown.
This is plain compound-interest maths on a monthly schedule: your starting balance grows every month, and each contribution earns interest from the month it lands. Choose project to see where today's plan ends up, or goal to solve for the monthly contribution a target requires. The rate is a nominal annual rate compounded monthly — use a realistic savings rate for your country, and remember inflation erodes real value. Everything runs in your browser; nothing is stored or sent to BRYME.
The formula behind it. With monthly rate i = annual rate / 12 and n = years × 12, future value = P(1+i)^n + C[((1+i)^n − 1)/i], where P is the starting balance and C the monthly contribution. Goal mode rearranges the same equation to solve for C. The mechanics, worked example and the rule of 72 are explained in compound interest; the fund this kind of plan usually feeds is in the emergency fund guide.