Aussie Calculator

Compound interest calculator

See how savings grow with interest on interest and regular deposits.

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Balance after 10 years$94,111$70,000 put in · $24,111 interest earned
  1. Year 1$16,651
  2. Year 2$23,642
  3. Year 3$30,991
  4. Year 4$38,716
  5. Year 5$46,837
  6. Year 6$55,372
  7. Year 7$64,345
  8. Year 8$73,776
  9. Year 9$83,690
  10. Year 10$94,111

Interest compounds monthly and isn’t taxed here. Interest on savings counts as taxable income.

Good to know

Compound interest means you earn interest on your interest as well as on what you put in, so growth speeds up over time.

Regular deposits matter as much as the rate: small amounts added every month add up to a large share of the final balance.