Term deposit calculator online

Enter your details to find how much interest income you can earn from your term deposit or savings account income using our term deposit calculator

  • Days in a month: 30

  • Days a year: 365

  • Contributions: from the 1st of the 2nd month

Deposit amount
Interest rate, %
Investment term
 
Monthly contributions
Calculation results
  • Deposit amount

    5 000,00

  • Total contributions

    0,00

  • Total deposit at end of term

    5 000,00

  • Total income

    150,00

  • Amount to issue (deposit + %)

    5 150,00

Detailed calculation

  •  

  • Total income of the deposit amount

    150,00

  • Total income of all contributions

    0,00

  • Total income: deposit amount + contributions

    150,00

Indicative working

Month

Deposit

Income

Total

1

5 000,00

12,33

5 012,33

2

5 000,00

12,33

5 012,33

3

5 000,00

12,33

5 012,33

4

5 000,00

12,33

5 012,33

5

5 000,00

12,33

5 012,33

6

5 000,00

12,33

5 012,33

7

5 000,00

12,33

5 012,33

8

5 000,00

12,33

5 012,33

9

5 000,00

12,33

5 012,33

10

5 000,00

12,33

5 012,33

11

5 000,00

12,33

5 012,33

12

5 000,00

12,33

5 012,33

How to use the bank deposit calculator online in Canada?

We offer you a deposit calculator with replenishment and interest capitalization. With the help of our calculator you can calculate the profitability of any deposit and choose the most profitable deposit program in Canada. The interest calculator for the deposit shows what income a natural or legal person can receive from the placement of free cash in banks of Canada for a certain period. To calculate the yield of a deposit, it is necessary to indicate such data: the amount of the deposit, the interest rate, the term of placement, the method of payment of interest (in advance, capitalization, monthly, quarterly, annually, at the end of the period), the amount of replenishment, if necessary. These data can be viewed in the rating of deposits. The calculation formula takes into account the number of days in a month - 30, in a year - 365, replenishments are taken into account: from the 1st day of the 2nd month.

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