Term Deposit Calculator
Calculate the maturity value and interest earned on term deposits. Factor in the deposit amount, interest rate, term length, and your marginal tax rate to see your after-tax returns.
How term deposits work
A term deposit locks your money away for a fixed period in exchange for a guaranteed interest rate. Unlike variable savings accounts, the rate is locked in for the entire term, making it a predictable, low-risk investment. Interest is typically paid at maturity and taxed at your marginal rate.
Term Deposit Calculator — Compare Term Deposit Returns
Free term deposit calculator. Calculate maturity value, interest earned, and after-tax returns on term deposits. Compare different terms and rates to maximise your fixed-income returns.
Maturity Value$51,750
Interest Earned (Gross)$2,500
Tax Withheld$750
Net Interest$1,750
Effective Annual Rate (After Tax)3.50%