Savings Goal | Papaldo

How much should you save each month to reach your goal?

Set a goal and a date to see the monthly amount. Keep an emergency fund safe in a bank deposit while you invest the rest: both show on one chart.

Your goal

The amount, the deadline and the return you expect.

Include an emergency fund

Maya Time Deposit Plus: 3.5% a year for 3 months

3.5% is guaranteed; the higher rate needs your target amount and date reached (accounts opened from 1 Oct 2026). Up to ₱1M per account; 1% fee to close early.

Rate as of Sep 30, 2026

Use the higher 5.5% rate (only if its conditions are met)Apply the 20% withholding taxInterest on deposits is taxed 20% at source (NIRC Sec. 24(B)(1)). Since 1 July 2025, under RA 12214 (the Capital Markets Efficiency Promotion Act), that includes 5-year deposits, which used to be exempt. Source

To reach $17,000.00 in 10 years, save a month

$98.22

120 deposits at 7% a year (effectively 7.23% once compounded).

Your deposits

$11.8K

Growth

$5.2K

Growth share

31%

Your $1.7K emergency fund in Maya earns $547.13 in 10 years after tax, and stays ready to use.

The lesson

Keep three to six months of expenses somewhere safe and easy to reach first, then invest for the goal. A deposit is steady; investing grows faster but moves.

Your goal could buy

College for 1 kid
1 Toyota Vios
12 iPhone 17 Pro Max
35 PlayStation 5s

Rough reference prices, for fun. Hover an item to see what it assumes.

A planning estimate. Real returns go up and down; this assumes a steady rate every year. The deposit renews at the same rate every term. Breaking a time deposit early usually costs part of the interest.