← Savings Calculator
How Much Will I Earn at 4% Interest?
At 4% annual interest, your savings will grow faster than standard accounts. Use our calculator to see exactly how much you'll earn.
Your Savings Plan
Enter your savings details to see how your money grows
£
£
Your Savings Growth
See how your savings will grow over time
£29,450
Total after 10 years
Total Contributions
£24,000
Interest Earned
£5,450
Interest Bonus
You'll earn £5,450 in interest, which is 22.7% on top of your contributions.
Initial deposit£0
Monthly contributions (10 years)£24,000
Total interest earned£5,450
Effective annual rate (APY)4.07%
Final balance£29,450
Monthly Breakdown
Monthly contribution
£200
Avg. monthly interest
+£45
4% Interest Returns
£24,000
Your Contributions
+£5,450
Interest Earned
£29,450
Total Balance
Year-by-Year Growth
| Year | Start Balance | Contributions | Interest | End Balance |
|---|---|---|---|---|
| 1 | £0 | £2,400 | +£44 | £2,444 |
| 2 | £2,444 | £2,400 | +£144 | £4,989 |
| 3 | £4,989 | £2,400 | +£248 | £7,636 |
| 4 | £7,636 | £2,400 | +£356 | £10,392 |
| 5 | £10,392 | £2,400 | +£468 | £13,260 |
| 6 | £13,260 | £2,400 | +£585 | £16,245 |
| 7 | £16,245 | £2,400 | +£706 | £19,351 |
| 8 | £19,351 | £2,400 | +£833 | £22,584 |
| 9 | £22,584 | £2,400 | +£965 | £25,948 |
| 10 | £25,948 | £2,400 | +£1,102 | £29,450 |