Savings goal calculator

It depends on your goal amount, how much you have already, your timeframe and your expected return. Enter them above and the calculator shows the monthly amount needed, including the interest your savings earn along the way.

For an HDB flat you need at least 25% of the price, which can be partly or fully from CPF with an HDB loan. For a condo, you need 25% with at least 5% in cash. Use the BTO affordability calculator to size it, then set that as your goal here.

Keep it realistic. A high-yield savings account is roughly 1.5 to 2.5% a year in 2026 (with conditions), Singapore Savings Bonds and T-bills are around 1.5 to 3%. For money you need within a couple of years, favour safer, liquid options over chasing higher returns.

Yes. Aim for 3 to 6 months of expenses in an easily accessible account before saving for nice-to-haves. Use the emergency-fund preset to set the target.

Automate a standing instruction to move the monthly amount to a separate account on payday, so you save before you spend. Review the goal every few months and adjust if your income or timeline changes.

At S$1,000 a month with about 2% interest it takes roughly 7.5 years; at S$2,000 a month about 4 years; at S$3,000 a month under 3 years. Saving more each month matters far more than the interest rate at this size. Enter your numbers above for an exact timeline.

Clear high-interest debt (credit cards, about 27.8% a year at DBS) before saving beyond a small starter emergency fund. No savings account beats that interest. For low-interest debt like a 2.6% HDB loan, it's reasonable to save and invest alongside repaying it.