Interest Calculator

Simple or compound — total interest and final balance in one click.

2026 reference deposit rates (guidance)

Demand 0.2% · 1-year 1.45% · 3-year 1.95% · 5-year 2.0%. Actual rates vary by bank — always confirm with your bank.

Interest formulas

Simple: I = P × r × t Total = P + I Compound: Total = P × (1 + r)ᵗ I = Total − P

P = principal, r = annual rate (as decimal), t = years. For monthly compounding use (1 + r/12)^(12t).

FAQ

What is the difference between simple and compound interest?

Simple interest pays only on the principal: I = P × r × t. Compound interest pays on principal plus accumulated interest: A = P × (1 + r)ᵗ. Over long periods compounding grows dramatically faster.

How much is ¥100,000 at 3.5% for 3 years?

Simple: 100,000 × 3.5% × 3 = ¥10,500. Compounded annually: 100,000 × (1.035³ − 1) ≈ ¥10,872 — about ¥372 more.