Time Deposit Calculator Philippines
Estimate your time deposit earnings in the Philippines based on your deposit amount, interest rate, and term. Compare gross interest, estimated after-tax interest, and maturity amount so you can evaluate whether a time deposit fits your savings plan.
Updated March 16, 2026
Time Deposit Calculator
Estimated Maturity Amount
₱104,400.00
After 20% withholding tax on interest · 12 Months
Return Breakdown
Enter the amount you plan to place in the time deposit.
Enter the estimated annual rate offered by the bank.
Enter the deposit duration.
Choose months or years.
Deposit Breakdown
Based on simple interest calculation with 20% withholding tax on interest income.
Compare Different Terms
Check whether a longer deposit term gives a return that feels worth the lock-in period.
3 Months
₱1,100.00
after-tax interest
Maturity: ₱101,100.00
6 Months
₱2,200.00
after-tax interest
Maturity: ₱102,200.00
12 Months
₱4,400.00
after-tax interest
Maturity: ₱104,400.00
24 Months
₱8,800.00
after-tax interest
Maturity: ₱108,800.00
This estimate is based on the amount, rate, and term you entered using a simplified time deposit return calculation.
Gross Interest vs After-Tax Interest
A time deposit may advertise a gross interest rate, but the amount you actually receive at maturity may be lower after applicable tax treatment is considered. This is why it helps to compare both gross return and estimated net return when evaluating deposit options.
Use gross return for headline comparison, but use after-tax return when deciding how much your money may actually grow.
What Your Maturity Amount Means
Your maturity amount is the estimated total value of your deposit at the end of the selected term. It includes your original principal plus the interest earned over the deposit period.
- Principal is your original deposit
- Gross interest is the estimated return before tax
- After-tax interest is the estimated return after tax treatment
- Net maturity value is the estimated total amount you may receive at the end of the term
What This Calculator Includes
This page is designed for a simple time deposit estimate and does not replace bank-specific product terms.
- estimated gross interest
- estimated after-tax interest
- estimated maturity amount
- simple term comparison
What This Calculator Does Not Include
- every bank's exact product rules
- early withdrawal penalties
- official bank quotations or disclosures
- compounding or special crediting rules
- promotional rate conditions
Actual bank products may use different terms, rates, or early withdrawal rules. This estimate is for planning purposes only.
Why Your Actual Time Deposit Return May Be Different
Your actual return may differ from this estimate for several reasons.
- bank products may use different compounding or crediting rules
- promotional rates may have specific terms
- early withdrawal may reduce earnings
- minimum deposit rules may affect eligibility
- actual product disclosures may include additional conditions
Time Deposit vs Savings Account
A time deposit is usually better for money you can leave untouched for a fixed period. A savings account is usually better if you want easier access to your funds. The right choice depends on whether you value liquidity more than a fixed-term return.
Time Deposit
- usually involves a lock-in period
- may offer higher rates for fixed terms
- suited for parked funds you won't need soon
- early withdrawal may reduce returns
Savings Account
- usually offers easier access to funds
- suited for emergency funds or daily liquidity
- may offer lower rates than time deposits
- no lock-in period in most cases
Frequently Asked Questions
Related Savings and Rates Pages
After estimating your time deposit return, you may also want to compare related rates and savings options.
Estimate your time deposit return before you commit
A time deposit calculator can help you estimate what your deposit may earn based on the rate and term you choose. Use it to compare terms, check after-tax returns, and decide whether a time deposit fits your savings plan.