Term deposit
Future value of savings →
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| Month | Payment / contribution | Interest | Principal | Balance |
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How we calculate
Simple interest = amount × rate / 100 × days / basis. Paid at maturity, without compounding or top-ups. Choose the basis from your bank contract. Tax, early withdrawal and renewal are excluded.
The rate is constant and supplied by you. Before tax; insurance and extra costs excluded. Payments at month-end. The final payment may differ. Interest rounds to cents monthly; deposits round once at maturity.
Sources and methodology →