Interest Calculator - How much savings interest will I earn?
Whether you put away a little each week or a lump sum each year we all know it's a good idea to have something saved for a rainy day. Using our savings interest calculator will give you an idea of what interest you will receive after tax each month or year and help you make the most of your money.
Simply key in the amount of savings you have, your current interest rate and choose the tax status of your account and we’ll calculate how much interest you’ll earn on that amount.
If you’re using our savings calculator because you’re saving for a mortgage deposit why not go one step further while you’re here and call our advisers for some help on how much deposit you will need and what other costs will be involved.
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How much interest will I earn?
Enter the values above to see how much interest you will earn
What next?
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The home should be the treasure chest of living.
Le Corbusier
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Important information
Savings interest rates will vary from provider to provider and the figures generated by this interest calculator should only be used as a guide. For further details on tax rates and exemptions please speak to your accountant.
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Think carefully before securing other debts against your home. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
Representative example A mortgage of £211,756 payable over 22 years, initially on a fixed rate until 31/12/26 at 1.19% and then on a variable rate of 4.55% for the remaining 17 years would require 62 payments of £912.07 and 202 payments of £1,184.03. The total amount payable would be £296,956 made up of the loan amount plus interest (£83,966) and fees (£1,234). The overall cost for comparison is 3.0% APRC representative.
London & Country Mortgages Ltd, Beazer House, Lower Bristol Road, Bath, BA2 3BA is a company limited by shares. Our Companies House number is 1988608. We are also authorised and regulated by the Financial Conduct Authority. Our FCA number is 143002. The FCA does not regulate most Buy to Let mortgages.
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