Compound Interest Calculator

More Information

This calculator shows you the benefit of saving money now vs later.  It will demonstrate how compounding interest can increase your savings and allow you to reach your goals sooner.

Your financial planner can help by:

  • Using the results from your budget planner to establish how much you can afford to save.
  • Discussing your options for savings products, taking into account your time frame and risk tolerance. An example of products that can be discussed include:
    • High Interest Savings Accounts
    • Term Deposits
    • Managed Investment Platforms
  • Helping you set up a direct debit into the savings product that you choose.

Your strategy

Effective interest rate: 5.12% Help


Alternative strategy

Assumptions & Disclaimers


  • This is a model, not a prediction
  • The results of this calculator are estimates only and cannot predict things that affect your decisions like changes in interest rates.
  • This calculator should not be used as your sole source of information and therefore we recommended that you speak to one of our licensed financial planners about getting advice


  • The initial deposit is made today
  • Regular deposits are made at the end of the period, which you select eg. year, month, fortnight or week
  • Interest is credited either monthly or yearly
  • The delayed start comparison will have the same regular deposit frequency