Deposit Interest Calculator
The deposit interest calculator shows your net earnings from bank time deposits. It accounts for the withholding tax on interest income and calculates your actual take-home return.
Compare different deposit terms and rates to maximize your savings returns.
How Is Deposit Interest Calculated?
Gross interest is calculated on the deposit amount for the given term at the annual rate. Withholding tax (currently 15% for TRY deposits) is then deducted to give the net return.
Deposit Terms
Common terms are 32 days, 91 days, 180 days and 365 days. Longer terms generally offer higher interest rates but less liquidity.
Related Tools
Loan Calculator
Calculate monthly loan payments, total interest and view the amortization schedule.
Mortgage Calculator
Calculate mortgage payments and total cost for home loans.
Compound Interest Calculator
Calculate how your money grows with compound interest over time.
Credit Card Minimum Payment Calculator
See how long it takes to pay off credit card debt and the total interest cost.