Definitions for deposit calculator

Deposit calculator

- a tool that will help you calculate the approximate return on investments of funds in the escrow account in a bank or other financial institution. That is what additional amount of money you will receive upon expiration of the deposit.

The base amount of accrual

- amount by which the bank charged interest rates on deposits in a certain period of time per year, quarter, month.

Interest rates on deposits

- the amount of remuneration received by you for the deployment of their funds on deposit account in a bank. Calculated as a percentage of the basic amount of deposit for a certain period of time per year, quarter, month.

Monthly payments

- base amount charges remained unchanged during the term of the contract, calculation and payment of interest on bank deposits is made each month. Ie after months of the sum in a deposit account, you get an opportunity to withdraw the accrued interest. The initial deposit amount is returned at the end of the contract.

Quarterly payments

- base amount charges remained unchanged during the term of the contract, calculation and payment of interest on bank deposits made quarterly. Ie after a full quarter of the sum in a deposit account, you get an opportunity to withdraw the accrued interest. The initial deposit amount is returned at the end of the contract.

Monthly capitalization

- basic amount of interest accrued increases in the amount of bank interest accrued during the previous month. Ie after the accrual of interest on the deposit amount is added to the principal amount of contributions and accrual of next month is made for an amount consisting of the initial deposit amount and the amount of interest accrued over the previous month. The initial deposit amount and accrued interest is returned at the end of the contract.

Quarterly capitalization

- basic amount of interest accrued increases in the amount of bank interest earned in the previous quarter. Ie after the accrual of interest on the deposit amount is added to the principal amount of the contribution and interest charges next quarter produced an amount consisting of the initial deposit amount and the amount of interest accrued over the previous quarter. The initial deposit amount and accrued interest is returned at the end of the contract.