FormatDogWorkspace
See exactly what your monthly deposits will be worth at maturity, matched to your bank's actual compounding frequency — entirely in your browser.
Enter a monthly deposit and tenure to see your maturity value.
How much you're depositing every month, and the annual rate your bank quotes.
Pick the frequency your bank actually compounds at — it changes the payout.
Updates instantly, split into what you deposited vs. what interest actually added.
Yes. Every calculation happens entirely inside your browser tab — nothing about your deposit amount or tenure is ever sent anywhere.
Month by month: your deposit is added to the running balance every month, and interest is applied to the whole balance only when a full compounding period has elapsed — not a formula approximation. A deposit made partway into a period only earns interest once that period actually closes, the same way a real RD account posts interest.
The same nominal annual rate pays out differently depending on how often it compounds — quarterly compounding (the most common convention for RD accounts) yields more than annual compounding at the same quoted rate, since interest starts earning its own interest sooner. Match whichever frequency your actual account statement shows.
The trailing partial period gets interest prorated to the fraction of that period it actually covers, rather than being rounded up or ignored.
No, this is a projection based on the deposit, rate, and tenure you enter. Actual bank terms and posted rates can vary.