Deposit Interest Calculator

Calculate bank deposit returns. Find out how much you'll earn on your deposit.

Enter deposit amount

%

Annual interest rate

For how many months to open deposit

Calculation Formula

With capitalization:

A = D × (1 + r/12)^n

Without capitalization:

I = D × r × n / 12

D — deposit amount, r — annual rate, n — months

Calculation Examples

About Deposit Interest Calculator

The calculator helps calculate bank deposit returns with or without interest capitalization. Find out in advance how much you'll earn on deposit.

Use for comparing bank offers, savings planning, passive income calculation.

Benefits

Capitalization Accounting

Calculate with and without capitalization for comparison

Accurate Forecast

Know exact income amount before opening deposit

Compare Options

Easily compare different deposit terms

FAQ

What is interest capitalization?

Capitalization is adding accrued interest to deposit amount. Next period interest is calculated on increased amount.

What's better — with or without capitalization?

With capitalization is more profitable as interest is calculated on growing deposit amount.

How to calculate deposit interest?

With capitalization: A = D × (1 + r/12)^n. Without: I = D × r × n / 12

Are taxes included?

No, calculator shows income before tax deductions. Deposit income may be taxed in some countries.

How to calculate monthly income?

Divide total income by number of deposit months.