Savings Goal Calculator
Enter your target, current savings, and timeline in months.
Required monthly saving
SAR 2,324
How it works
We grow your current savings, then invert the annuity formula to find the monthly contribution that closes the gap.
Formula
PMT = (target − present × (1+r)^n) × r / ((1+r)^n − 1)
Worked example
Target SAR 100k in 36mo with SAR 10k saved @ 4% ≈ SAR 2,300/mo.
FAQ
- Zero interest?
- We just divide the gap by months.
- Other currencies?
- Yes — the math is currency-agnostic.
- Where to keep savings?
- High-yield savings or money-market funds for short-term goals.