This calculator is designed to help you estimate your interest earned and final balance from a monthly savings investment.
Savings are assumed to be deposited at the beginning of each month with interest compounded monthly. Results exclude any fees or taxes payable.
The information provided by these calculators is for illustrative purposes only. The information entered may vary from your actual loan, mortgage, investment, or savings results. Interest rates are hypothetical and are not meant to represent any specific investment. Rates of return will vary over time, particularly for long-term investments. The calculated results are not guaranteed to be accurate and are in no way endorsed, offered or guaranteed by Mercantile Bank.