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Start with this calculator to determine how much you will need to save for a large purchase.
This tool calculates different combinations to save a lump-sum amount that you intend to use to buy a vehicle, home, or other big-ticket item.
Your savings will grow over time due to monthly deposits and compound interest. The amount you accumulate, however, will be decreased due to taxes you pay on the interest you've earned.
The calculator assumes you save with a taxable account. If you want to simulate saving with a tax-advantaged account, enter a zero in the fields for federal and state income tax rates.*
*Tax-advantaged accounts may have restrictions on taking early penalty-free distributions. You may wish to consult a financial professional.
If you click “Continue” an external website that is owned and operated by a third-party will be opened in a new browser window. North American Savings Bank provides links to external web sites for the convenience of its members. These external web sites may not be affiliated with or endorsed by the bank. Use of these sites are used at the user’s risk. These sites are not under the control of North American Savings Bank and North American Savings Bank makes no representation or warranty, express or implied, to the user concerning:
Using a hyperlink may identify you as a North American Savings Bank member to the operator of the external site.
North American Savings Bank does not provide and is not responsible for the product, service or overall website content available at these sites. The privacy policies of North American Savings Bank do not apply to linked websites and you should consult the privacy disclosures on these sites for further information.
If you click “Cancel“ you will be returned to the North American Savings Bank website.
