Savings Account Interest Calculator
Enter deposit, annual rate, days and tax rate to see net interest.
Gross interest$3,506.85
Net interest$2,980.82
Total at maturity$102,980.82
How it is calculated
Interest = deposit × rate × days ÷ 365; net = gross × (1 − tax).
Worked example
| Gross interest | $3,506.85 |
| Net interest | $2,980.82 |
| Total at maturity | $102,980.82 |
FAQ
Which tax rate?
It depends on your country and account; ask your bank.
Are the results exact?
Results are estimates for information only; check official sources for binding figures.