This is a powerful calculator, designed specifically for New Zealand conditions.
Use it to compare your after-tax return from two different investment choices.
Start with the left-hand option. Choose the type of investment from the "Investment Type" drop-down box, and then set the other criteria. Then, compare another option in the right-hand option. They both work in exactly the same way. You can even compare tax-free investments - just choose "0" in the "Tax Rate" box.
The latest interest rates are listed in the main menu, under the "Saving" tab.
Use the "View Transactions" tool to see exactly how we calculated the answers. Choosing the starting date can affect how returns work out, so this feature allows you to control its effect.
Although this calculator covers a comprehensive range of criteria, you should only use it to provide an estimate of returns. Financial institutions may (or may not) use different criteria in working out how interest is credited and paid. Only they can provide you with authorative projections.
We always appreciate feedback - send us your comments to info@interest.co.nz
Term deposit calculator
6 Comments
Can you include 28% for PIE term deposits ?
I'm looking for that tax rate too
Just select the investement drop down box and it has Term PIE as an option
Posted 22. You are welcome
Does Interest have a calculator for regular savings? For example, putting $50 / week into a rapid save savings account that gets 3.95% p.a., what would they expect to see after 5 years? And what would the actual buying power of that money be, given inflation?
This calculator has been wonderful, but it has stopped working on my computer. Can you tell me why?
It works on my wife's computer. Frustrating ++