To calculate the future value of a monthly investment, enter the beginning balance, the monthly dollar amount you plan to deposit, the interest rate you expect to earn, and the number of years you expect to continue making monthly deposits, then click the "Compute" button.
Enter the term, rate, and either the payment or loan amount; the remaining value will be calculated for you.
This calculator will show you how much you can save if you make half of your mortgage payment every two weeks instead of making a full mortgage payment once a month. In effect, you are making one extra mortgage payment per year!
*APR = Annual Percentage Rate. Rate based on creditworthiness and term of loan. Rates are subject to change at any time and are not guaranteed. **APY = Annual Percentage Yield.
Your savings are federally insured to at least $250,000 and backed by the full faith and credit of the United States Government.