Find out how much your savings will grow with regular deposits and compound interest.
| Initial Deposit | — |
| Total Deposits | — |
| Total Interest Earned | — |
| Final Balance | — |
How this is worked out: interest is compounded monthly at the annual rate divided by 12, and each monthly deposit is made at the end of the month. Your bank may compound daily or quarterly and may use a different deposit date, so its figure can differ.
Your savings grow through two forces: regular deposits and compound interest. Try different monthly deposits and time periods to see how much of the final balance comes from interest.
Enter the interest rate your bank or scheme actually offers. Returns on market-linked options are not guaranteed.