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Illustrative estimate. See calculation assumptions below.

How this calculation works

Value = M × ((1 + r)^n − 1) ÷ r; n = years × 12 and r = assumed annual return ÷ 1200. At 0%, value = M × n.

Assumptions & limitations

End-of-month contributions; monthly rate equals assumed annual return divided by 12. Constant positive return illustration, before fees and taxes. Market returns vary and losses are possible.

Change the inputs to compare scenarios. A calculated illustration does not confirm a bank offer, investment return, insurance benefit or eligibility.

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