← Savings Calculator
How Much Will I Have After 1 Years of Saving?
See how your money grows over 1 years with compound interest. The longer you save, the more interest you earn on your interest.
Your Savings Plan
Enter your savings details to see how your money grows
£
£
Your Savings Growth
See how your savings will grow over time
£2,456
Total after 1 year
Total Contributions
£2,400
Interest Earned
£56
Interest Bonus
You'll earn £56 in interest, which is 2.3% on top of your contributions.
Initial deposit£0
Monthly contributions (1 years)£2,400
Total interest earned£56
Effective annual rate (APY)5.12%
Final balance£2,456
Monthly Breakdown
Monthly contribution
£200
Avg. monthly interest
+£5
1 Year Savings Summary
£2,400
Your Contributions
+£56
Interest Earned
£2,456
Total Balance
Year-by-Year Growth
| Year | Start Balance | Contributions | Interest | End Balance |
|---|---|---|---|---|
| 1 | £0 | £2,400 | +£56 | £2,456 |