The savings calculator allows you to simply calculate how much interest you could earn on savings.
You can choose a one-off investment, regular monthly savings amounts or a combination of both.
This calculator is a 'compound interest calculator', meaning it accounts for interest earned on
interest if you do not take money out. This is the way all savings accounts work.
Using the calculator:
Set your currency.
Set the Lump Sum, to the amount you intend to invest.
Set the Monthly Payment, to the the amount you have choose to invest each month.
Set the Interest rate, to the rate you will earn on your savings.
Set the Savings Period, to the length of time you intend to invest your money for.
Once you have set the above you can see how much interest you will make and the total value of your investment.
IMPORTANT NOTE: Calculations are for indication only.
The amounts shown will vary depending upon the provider and the interest rates and additional costs that maybe added.
Always refer to a qualified, unbiased adviser before making any financial commitments.
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