FD Interest Payout Calculator

Work out fd interest payout instantly with clear inputs, formula shown and shareable results.

About FD Interest Payout Calculator

A payout deposit hands interest over as it is earned rather than reinvesting it. The income is predictable, but over the term you forgo the compounding a cumulative deposit would have produced — the cost of the cash flow.

Formula

Payout interest

Per payout = P × i / f; cumulative forgone = P[(1+i/f)^(ft) - 1] - total payouts

Worked example

With the default values below, FD Interest Payout Calculator returns Interest Per Payout of $17,500.00. Change any input above and every figure here is recalculated in your browser.

Inputs used

Deposit Amountminimum 0: 1,000,000
Annual Interest Rateaccepts 0–100 %: 7 %
Payout Frequencyone of Monthly, Quarterly, Half-yearly, Annual: Quarterly
Term In Yearsaccepts 0.25–10: 3

Results

Interest Per Payout: $17,500.00
Annual Interest Income: $70,000.00
Total Interest Over The Term: $210,000.00
Compounding Given Up Versus Cumulative: $21,439.31

Step by step

1Values used
2Payout interest
3Interest Per Payout= 17,500.00
4Annual Interest Income= 70,000.00
5Total Interest Over The Term= 210,000.00
6Compounding Given Up Versus Cumulative= 21,439.31

Assumptions and limits

The result is derived only from the 4 inputs listed above. Anything not among them is not part of the calculation.
In particular, this calculator does not take inflation, tax or fees or charges into account.
Figures are rounded for display to 2 decimal places, so totals built from several rounded parts can differ slightly from the unrounded arithmetic.
Figures are estimates for planning only. Market returns are not guaranteed, and rates, limits and tax rules change. This is not financial or tax advice — speak to a qualified adviser before acting.
This is an estimate for general information and not professional financial, tax or legal advice. See the full disclaimer for the limits that apply to this kind of calculator.

How these calculators are built and tested is described on the Methodology page. If a figure looks wrong, please report it.

Figures are estimates for planning only. Market returns are not guaranteed, and rates, limits and tax rules change. This is not financial or tax advice — speak to a qualified adviser before acting.

Frequently Asked Questions

Who should choose the payout option?

Anyone who needs the income now — retirees typically — or who can reinvest it at a better rate elsewhere.

Does monthly payout pay less in total?

Slightly, as banks often discount the monthly option to compensate for paying earlier.