High interest savings calculator
Savings Calculator Australia
Calculate your final balance using your own rate or current savings account rates from the market.
Bank product
6.25% p.a. for 4 months5.65% p.a. ongoing
ING$16,790
Estimated final balance over 1 year using 6.25% p.a. for 4 months.
Intro months4
Final balance
$16,790
Interest earned
$790
Total deposits
$16,000
Starting balance
$10,000
Breakdown
Your projected savings
Monthly estimate based on your selected rate and deposit pattern.
Starting balanceMonthly depositsInterest earned
$0
$10k
$19k
0
6
12
Months
Want to compare this against current accounts?
Use the market list for current rates, or run Savings Planner when you want account combinations.
Estimate includes
Monthly compounding, monthly deposits, introductory rates, and the ongoing rate after the intro period.
How savings interest is estimated
The calculator uses a monthly compounding estimate and shows each month in the breakdown.
Bank rates can change
Product rates are based on the current data we track. Savings account rates are variable, so check the bank before acting.
Gross interest only
This estimate does not include tax, fees, withdrawals, or personal eligibility checks.