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Savings interest calculator
Estimate interest added monthly from a yearly rate.
Illustrative result
£203.71 interest
- Interest
- £203.71
- Balance afterwards
- £5,203.71
Assumptions
- Tax is not deducted.
Questions
What about a bonus rate that ends?
Use the number of months the rate lasts, then run the calculator again.
Use this in your own plan
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Estimates only. Tax and repayment rules can change, and this is not financial, tax or pension advice.
Interest£203.71See breakdown