Calculators
Calculators

An Easy Way to Save for Any Reason

Having more money is better than having less money. You may be thinking of a vacation, a new car, an addition to your house, your retirement or just the peace of mind that comes with having a larger balance in your savings account. There is no easier way to save than with an automatic savings plan.

How much do you want to save?

The choice is up to you. Here are a couple of charts showing how much you have to save monthly to reach your goals.

Saving for short-term goals - vacation, larger car down payment, or just accumulating more.
Monthly savings needed over (assuming an earnings rate of 3%)
Amount you want to save 6 months 12 months 18 months 24 months 30 months 36 months
$5000 $828 $411 $272 $202 $161 $133
$10,000 $1656 $822 $544 $405 $321 $266
$25,000 $4141 $2055 $1360 $1012 $804 $665
Saving for longer-term goals - college for a child, retirement, or just accumulating more.
Monthly savings needed over(assuming an earnings rate of 5%)
Amount you want to save 5 years 10 years 15 years 20 years 25 years 30 years
$50,000 $735 $322 $187 $122 $84 $60
$100,000 $1470 $643 $374 $243 $168 $120
$250,000 $3676 $1610 $935 $608 $420 $300

Here is a calculator to help you determine how much you need to save every month to reach your savings goal.

Save for any reason
Amount you want to save $
Interest rate you expect to earn %
How many
Monthly savings needed

Interest is compounded monthly. This calculator is to be used for estimation purposes only. The financial institution is not responsible for its accuracy and the results are not guaranteed.

Start Saving Today Automatic

There is no easier way to save than with an automatic transfer from your Integra Checking account into your Savings account each pay period.

This allows a set amount of money to move into your Savings Account each month without you having to remember to do it. Over time, your Savings balance will build to a large nest egg.

You can set up your recurring automatic transfer through your Integra's BankAnytime online banking service. It's easy to set up, and BankAnytime offers many other convenient features.

You may also set up your recurring automatic transfer at any Integra Banking Center. If you have any questions, please call an IntegraCare representative at 1-800-467-1928.

Integra uses reasonable care in creating and maintaining the information contained in the Learning Center. Integra makes no representations or warranties as to the accuracy, reliability or content of any information provided. In no event, shall Integra be liable for loss of business or profits, or for any indirect, incidental or consequential damages arising from use of this information. Information available in the Learning Center has been obtained through an agreement with Financial Wisdom Marketing Services, Inc.