CalculatorFinance

Recurring Deposit Calculator

Estimate maturity value for equal monthly deposits using a monthly compounding approximation.

Instant · no account

Input

Enter your values

Monthly deposit

Annual interest rate%

Years

Method

How it works

Change any input above and the result updates instantly. The formula or method used by this tool is shown below.

FV = P × (((1+i)^n − 1) ÷ i) × (1+i)

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Quick answers

About this tool

What does the Recurring Deposit Calculator do?+

Estimate maturity value for equal monthly deposits using a monthly compounding approximation.

How does this calculator calculate the result?+

It uses this method: FV = P × (((1+i)^n − 1) ÷ i) × (1+i)

Are my inputs saved or sent to an account?+

Core CalcForge tools require no account, and most calculations run locally in your browser. Favorites and recent-tool history, when used, stay in this browser.