🏦 Deposit Compound Interest Calculator

Time Deposit Interest Calculator

Calculate compound interest on fixed deposits. Compare simple vs compound interest, and monthly vs annual compounding.

💰Deposit Compound Interest Definition

Compound interest adds interest to principal, then earns interest on that total. With same annual rate, more frequent compounding (monthly > quarterly > yearly) yields higher returns.

Interest Earned
+₩0
Effective Annual Rate
0%
Maturity Amount
0
* Actual interest excludes applicable taxes.

📝How to Use

1

Enter principal

Input the deposit amount.

2

Enter annual rate

Input the bank's offered annual rate.

3

Set deposit period

Choose how many years to deposit.

4

Select compounding

Choose monthly, quarterly, or yearly compounding.

📊Examples

1-Year Fixed

$10,000, 4%, yearly

Maturity $10,400 (interest $400)

3-Year Fixed

$10,000, 4%, monthly

Maturity about $11,270

Large Deposit

$50,000, 3.5%, 2 years

Maturity about $53,580

Frequently Asked Questions

Difference between simple and compound?

Simple interest only on principal. Compound adds interest to principal. Compound is better for longer terms.

Are monthly compound deposits available?

Some savings accounts and CMA offer monthly compounding. Fixed deposits are usually simple interest.

What is effective annual rate?

Actual annual return including compound effect. 4% monthly compound = 4.07% effective.

Deposit insurance?

Varies by country. Check your local deposit insurance limits.

💡Deposit Tips

  • Same rate, shorter compounding period is better.
  • Regular savings utilize compound effect better than fixed deposits.
  • Look for promotional deposit rates.
  • Consider tax on interest income when calculating.

📚 Guía local de cálculo

Lógica de fórmula

Se aplican fórmulas públicas de finanzas, préstamos, ratios y conversión.

Alcance de fuentes

Tomamos como referencia estándares públicos y prácticas habituales por país.

Supuestos

Impuestos, comisiones, tasas y límites cambian según región e institución.

Result Interpretation

Usa este resultado como escenario base. Antes de decidir, compáralo con oferta real y fiscalidad local.

Configuración local

Moneda: EUR

Unidades: metric

Modelo fiscal: US payroll estimate

Aviso normativo

Esta herramienta usa valores locales para estimación. Las condiciones reales y límites legales dependen de la entidad y del país.

Acciones recomendadas

  • Compara al menos 2-3 entidades locales antes de contratar.
  • Verifica por escrito comisiones, impuestos y cláusulas de prepago.
  • Simula un escenario de estrés con +1-2% de interés.

Antes de decidir, verifica las reglas actualizadas de la entidad local.

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