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Savings Goal Calculator
Free savings goal calculator for Singapore: the monthly amount to reach a goal like a wedding, renovation or BTO down payment, with what you've saved already and the interest rate.
Your goal
Save each month
S$659.03
| You put in | S$28,725 |
| Interest earned | S$1,275 |
| Goal | S$30,000 |
Interest from Singapore bank savings and fixed deposits is tax-free for individuals. SDIC insures up to S$100,000 per depositor per bank.
Interest added monthly at the same rate throughout. Not legal, tax or financial advice. 🔒 Everything stays on your device.
📚 Official sources: MoneySense
We build every tool from the official rules and re-check them when they change. Always confirm with the official source before you rely on a result.
🛠️ Spotted a mistake or an out-of-date rule? Tell us
Questions people ask
How much should I save each month for S$30,000 in 3 years?+
About S$660 a month if you already have S$5,000 and earn 2.5%.
Is bank interest taxed in Singapore?+
No. Interest from bank deposits is tax-free for individuals.