100,000 at 7% for 5 years, compounded quarterly
$100,000.00 at 7% for 5 years, compounded quarterly.
Maturity $141,477.82. Interest $41,477.82.
FD calculator
A bank-style deposit: one principal, a fixed rate, and a term. Quarterly compounding is already selected.
Symbol only. Amounts are not converted.
%
Maturity
$141,477.82
20 compounding periods.
- You put in
- $100,000.00
- Interest
- $41,477.82
Next: RD calculatorThe same idea, with a deposit every month.
One deposit at the start. Quarterly compounding is the usual bank default. No tax is deducted.
How this is calculated
- Step 1
Principal
One deposit at the start. No monthly top-up.
- Step 2
Compounding
Quarterly is the default. The annual rate is split across the year.
- Step 3
Maturity
The figure is before tax. A bank may deduct some.
Fixed deposit maturity
A = P × (1 + r ÷ n)^(n × t)
| P | Principal. |
|---|---|
| r | Annual interest rate as a decimal. |
| n | Times the bank compounds each year. 4 is quarterly. |
| t | Years. |
Quarterly is the usual published FD convention: the annual rate is divided by 4, and that rate is applied four times a year.
A monthly installment, rather than one principal, is a recurring deposit. One investment compounded monthly is the lump sum calculator.
Worked examples
Loading an example fills the tool and scrolls you back to the result. Money examples stay in US dollars on the page. The symbol you picked changes; the numbers do not convert.
50,000 at 6.5% for 3 years, compounded monthly
$50,000.00 at 6.5% for 3 years, compounded monthly.
Maturity $60,733.58. Interest $10,733.58.
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<iframe src="/embed/fd" title="FD calculator" width="100%" height="720" style="border:0;max-width:42rem" loading="lazy"></iframe>Questions
Why is quarterly the starting point?
Many bank FDs compound interest every quarter. Switch the control if the deposit you are reading compounds yearly, monthly, or daily.
Is tax taken out?
No. The maturity is before tax. A bank that deducts tax at source will pay you less than this figure.
Can I add a monthly top-up?
Not on this page. That is either compound interest, a SIP, or a recurring deposit, depending on which convention you want.