JA Calculators - Northpointe.com

50/30/20 budget calculator

See how much you could earn with interest

See what it would take to reach a savings goal

The 50/30/20 Budget

Use our calculator to estimate how you might divide your monthly income into needs, wants and savings. This will give you a big-picture view of your finances. The most important number is the smallest: the 20% dedicated to savings.

Monthly Income

Necessities (50%):

Wants (30%):

Savings (20%):

Estimate how much interest
you could earn in a year

An interest rate is a percent you of your account balance
that the bank pays you. Think of it as the bank renting your money.
Savings account interest rates vary from bank to bank
and change often based on the economy and other factors.

earnings based on 3.00% interest rate

Savings Goal ($)

I want to save

within the next

Number of Months

I'm starting with

Starting Amount ($)

I need to save:

per month to reach my goal

Reach your
savings goal

Want to buy that thing you’ve always wanted? Go on a trip or save for a car? Use this calculator to see how much you would need to save each month to reach that goal. The sooner you start the sooner you reach the finish line!

Saving more is just the beginning.