Savings Calculator
A savings calculator. Enter your monthly deposit, term, and annual rate to instantly see your maturity amount. Choose simple or monthly compounding, and see pre-tax interest, tax, and after-tax interest at a glance.
A savings calculator that shows your maturity amount instantly
The savings calculator takes your monthly deposit, term, and annual rate and instantly shows what you'll receive at maturity. Before opening an installment savings account, you can check how much interest builds up for a given amount and term.
It shows your total deposits, the interest earned, and the actual after-tax amount you'll receive — all on one screen. It's handy for deciding how much to set aside each month.
Simple vs. monthly compounding, with tax included
Installment savings interest is usually simple interest — each monthly deposit earns interest only for the months remaining, so earlier deposits earn more. Some products compound monthly, so you can pick either method and compare.
Interest is taxed. The 'Taxed' option applies Korea's 15.4% interest income tax (14% income tax + 1.4% local tax), while tax-free products have none. The calculator splits pre-tax interest, tax, and after-tax interest so you know exactly what you'll take home.
How to use it
Planning something like 'if I save $300 a month for 2 years, what do I get?' — change the amount, term, and rate to compare instantly. You can switch currency between won, dollars, yen, and more.
Results are estimates. Actual rates, preferential terms, and tax rules vary by product, so check the product terms before you sign up.