Annual Percentage Yield reflects the effective annual rate including compounding. APY > nominal rate when interest compounds more than once per year.

Savings vs investing?

Savings/CDs are FDIC-insured (US) and predictable; investments have higher expected return with volatility and no principal guarantee.

Bank Savings & Fixed Deposit Calculator

Compute the future value of bank savings or a fixed deposit / CD with monthly compounding and APY conversion.

Monthly-compounded savings or FD/CD value. Shows APY vs nominal rate.

Opening deposit

Monthly contributionset 0 for pure FD/CD

Nominal interest rate

Term

Final balance

$25,947

Interest earned

$3,947

Effective APY

4.59%

nominal 4.5%

Project portfolio value with monthly contributions and dividend reinvestment.

Model ETF returns net of expense ratio and tax drag.

SIP + lump sum compounding at expected CAGR.

Yield-to-maturity, coupon income, total return.