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MAKE THE NUMBERS MAKE SENSE
Fixed-rate savings calculator.
See how your savings grow at a fixed interest rate.
What could your savings become?
Private · No sign-upYour estimate
Final balance
Interest earned
Your deposit
Year-by-year growth
| Year | Balance | Total interest |
|---|
Figures are estimates rounded for display. Actual interest depends on your account terms.
A few useful things to know
What is compound interest?
Interest is added to your balance, so later interest is earned on both the original deposit and earlier interest. Simple interest is calculated only on the original deposit.
Does this use my bank’s current rate?
No. Enter the rate you want to test. This calculator does not retrieve account offers or predict future rates. The rate stays fixed throughout the example.