Planning your savings and term deposits...
Our Savings and Term Deposit Calculator calculates the total accumulation in a savings account, at the regular deposit frequency requested or the interest earned on a term deposit for the investment term entered.
All months are assumed to be of equal length. Monthly, quarterly and fortnightly figures are calculated assuming each period is of even length.
The calculator assumes that deposits are made on the first day of the frequency entered by the user. E.g. Annually, monthly, fortnightly, or weekly. Interest is calculated daily and credited monthly.