Free financial calculator

Sinking Fund Calculator

Plan monthly savings for known future costs before they become financial surprises.

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Adjust the assumptions

Sinking Fund Calculator

Plan monthly savings for known future costs before they become financial surprises.

Figures are estimates. You can adjust every assumption.

Result

£0

View year-by-year breakdown
YearContributionsGrowthBalance

Questions answered

What this calculator helps you work out

  • How much should I save each month for an annual bill?
  • How can I plan for irregular expenses without using credit?
  • How much interest might the fund earn before the expense arrives?

Common questions

Sinking Fund Calculator FAQs

What is a sinking fund?

A sinking fund is money set aside gradually for a known future cost, such as insurance, holidays, car maintenance, gifts or annual subscriptions.

Is a sinking fund the same as an emergency fund?

No. A sinking fund is for expected costs. An emergency fund is for genuinely unexpected or disruptive costs.

Should I include interest?

For short-term expenses, interest is usually a small bonus. Use a cautious rate and focus mainly on the monthly saving required.

Go beyond the result

How to Use Sinking Funds for Annual Bills and Irregular Expenses

See a worked example, the trade-offs to consider and the assumptions that can change the answer.

Read the guide