Sinking funds calculator
A sinking fund is money you set aside each month for an expense you know is coming: holidays, car registration, insurance premiums, a vacation. Run the calculator once for each fund, then add up the monthly amounts.
Common sinking funds
| Fund | Goal | Months | ≈ per month |
|---|---|---|---|
| Holidays | $900 | 12 | $75 |
| Car repairs | $1,200 | 12 | $100 |
| Annual insurance | $1,400 | 10 | $140 |
| Vacation | $2,000 | 9 | $222 |
Want the full debt payoff planner?
Spreadsheet with up to 10 debts, snowball/avalanche switch, debt-free date, charts, and printable trackers. Works in Excel and Google Sheets.
Not financial advice. These tools are for planning only. Numbers are illustrative; your lender's statements control.