Savings Interest Calculator
Compute your interest income with compounding – optionally including German capital gains tax, the saver allowance and church tax.
- Interest (gross)
- €1,854.54
Show details table
| Year | Balance |
|---|---|
| 1 | €20,600.00 |
| 2 | €21,218.00 |
| 3 | €21,854.54 |
Comparing interest correctly – gross and net
The advertised rate is only half the story: the real return only shows after tax. With the tax option you can see what remains net after the saver allowance and tax – the realistic basis for comparing offers.
Frequently asked questions
Difference between instant-access and fixed deposits?
With instant-access (Tagesgeld) your money is available daily and the rate is variable. With a fixed deposit (Festgeld) you commit the capital for a fixed term at a guaranteed rate.
How is the capital gains tax calculated?
In Germany, investment income is taxed at 25 % plus a 5.5 % solidarity surcharge on that, plus optional church tax. Up to the saver allowance (€1,000 per person) interest is tax-free.
What is the saver allowance?
The saver allowance makes investment income up to €1,000 per year tax-free. With an exemption order it is applied automatically.