Ireland Compound Interest Calculator
This calculator estimates compound interest growth on EUR savings and investments in Ireland. Calculations apply user-defined rate, term, and contribution inputs, with reference rates published by the Central Bank of Ireland, ECB, and Revenue.
Enter Investment Details
Input the initial amount in EUR, regular contribution, annual rate, and investment period.
Select Compounding Frequency
Choose how often interest compounds — Weekly, monthly, quarterly, or annually.
Review the Projection
Each tab shows the breakdown — Summary, Composition, Compare scenarios, and Milestones.
Compound Interest Calculator
Project investment growth — figures shown in EUR
Summary
Investment Summary
An initial investment of €10,000 with €500 contributed monthly at 6.0% annual interest (compounded monthly) grows to €91,940 over 10 years.
Total contributions add up to €70,000, with €21,940 earned in interest — including €2,180 of compound growth (interest earned on previously earned interest).
Growth Projection
Yearly Breakdown
Year-by-year contributions, interest and balance. Figures reflect the view setting (Future € or Today's €).
| Year | Contributions | Interest | Total Invested | Balance |
|---|
Scenario Comparison
How different choices affect the final balance, all using your selected period and rate.
Compounding Frequency Comparison
Same principal, contribution, rate and period — only the compounding frequency changes.
| Frequency | Final Value | Difference vs Annual |
|---|
Investment Milestones
Estimated time to reach common Irish savings and investment milestones, based on the inputs above.
When you'll reach common targets
| Target | Years | Estimated Year |
|---|
Ireland Investment Options
Common investment types available to Irish savers and investors, with typical historical returns and risk levels. Tap any option for detailed considerations.
Regular Savings Accounts
Very Low RiskDGS-protected savings from Irish and EU banks and credit unions. Government-guaranteed up to EUR 100,000 per person, per institution under the Deposit Guarantee Scheme administered by the Central Bank of Ireland.
Advantages
- DGS protected (EUR 100K)
- Easy access options
- No market risk
- Bonus rates on regular savers
Considerations
- Lower returns vs equities
- 33% DIRT on interest
- Rates can change
- Inflation erosion risk
Fixed-Term Deposits
Very Low RiskFixed-rate deposits locked in for a set term (3 months to 5 years). DGS protected up to EUR 100,000. Rate locked for the term regardless of ECB policy changes.
Advantages
- DGS protected
- Locked-in rate
- Predictable returns
- Various term options
Considerations
- Funds locked away
- Early-access penalties
- 33% DIRT applies
- Miss future ECB rate moves
Government Bonds & State Savings
Low–Medium RiskIrish Government bonds and An Post State Savings products (Prize Bonds, Savings Bonds, Savings Certificates, National Solidarity Bond). State Savings are DIRT-free and backed by the Irish State.
Advantages
- State Savings: DIRT-free
- Government backed
- Prize Bonds: prize element
- Very low default risk
Considerations
- Lower growth potential
- Investment limits apply
- Interest rate risk (bonds)
- Limited flexibility
Pension (Conservative)
Low–Medium RiskCapital-preservation pension allocation through PRSA, occupational scheme, or auto-enrolment "My Future Fund". Tax relief at the marginal rate (up to 40%) on contributions, capped at EUR 115,000 of earnings.
Advantages
- Up to 40% tax relief
- Tax-free fund growth
- Capital preservation focus
- Employer contributions (workplace)
Considerations
- Locked until retirement
- May not beat inflation long term
- Age-related % limits apply
- SFT EUR 2.2m (2026) cap
Gold & Precious Metals
Medium RiskPhysical investment-grade gold (no VAT), allocated gold accounts, or gold ETFs. Traditional inflation hedge and safe-haven asset, priced in USD/EUR. Capital gains taxable at 33% CGT (with EUR 1,270 annual exemption).
Advantages
- Inflation hedge
- Safe-haven asset
- No VAT on investment gold
- Portfolio diversification
Considerations
- No income / dividends
- Storage costs (physical)
- 33% CGT on gains
- Currency risk (USD priced)
Multi-Asset Funds
Medium RiskDiversified funds mixing equities, bonds, and alternatives, available through Irish life companies and fund platforms. Subject to Exit Tax at 38% (reduced from 41% in Budget 2026) and 8-year deemed disposal rules.
Advantages
- Built-in diversification
- Professional management
- Automatic rebalancing
- Central Bank-regulated
Considerations
- Exit Tax at 38%
- 8-year deemed disposal
- No loss offset against CGT
- Higher fees than ETFs
ETFs (UCITS)
Medium–High RiskLow-cost UCITS ETFs tracking the Euro Stoxx 50, MSCI World, or other indices. Trade on European exchanges. Irish-domiciled and equivalent EU/EEA/OECD ETFs are subject to Exit Tax at 38% (from 1 January 2026) and 8-year deemed disposal.
Advantages
- Very low fees (0.05–0.5%)
- Instant diversification
- Trade like shares
- Exit Tax cut from 41% in 2026
Considerations
- 38% Exit Tax (vs 33% CGT)
- 8-year deemed disposal
- No loss offset relief
- Brokerage fees apply
Irish Property (Direct)
Medium–High RiskIrish residential or commercial property. Combines rental income (4–7% gross yield) with capital growth. Stamp duty: 1% on first EUR 1m, 2% on the balance for residential; 7.5% non-residential; 10% on bulk purchases of 10+ residential units.
Advantages
- Tangible asset
- Rental income stream
- Mortgage leverage available
- Principal residence CGT-exempt
Considerations
- Stamp duty payable
- Rental income at marginal rate (up to ~52%)
- 33% CGT on gains
- RTB regulations apply
Irish REITs
Medium–High RiskEuronext Dublin-listed property companies such as IRES REIT. Access commercial and residential property without buying directly. REIT distributions are subject to 25% Dividend Withholding Tax.
Advantages
- Liquid (trade on Euronext)
- Low entry cost
- Regular distributions
- Subject to 33% CGT (not Exit Tax)
Considerations
- Equity-market volatility
- 25% Dividend Withholding Tax
- Interest-rate sensitive
- Concentrated Irish market
Pension (Growth) / PRSA
Medium–High RiskEquity-focused PRSA, occupational scheme, or auto-enrolment "My Future Fund". Suits younger savers with 20+ year horizons. Tax relief at marginal rate (up to 40%), 25% tax-free retirement lump sum (max EUR 500,000).
Advantages
- Up to 40% tax relief
- Tax-free fund growth
- 25% tax-free lump sum (cap EUR 500K)
- Employer contributions (workplace)
Considerations
- Locked until retirement
- Higher short-term volatility
- SFT cap (EUR 2.2m in 2026)
- Age-related % limits apply
Stock Market (Euronext Dublin)
High RiskDirect share investment on Euronext Dublin or other exchanges. Capital gains taxed at 33% CGT with EUR 1,270 annual exemption. Dividends subject to Dividend Withholding Tax and marginal rate income tax (with credit for DWT).
Advantages
- 33% CGT (not 38% Exit Tax)
- EUR 1,270 annual CGT exemption
- No 8-year deemed disposal
- Loss offset available
Considerations
- High volatility
- Capital can be lost
- Requires research
- Small Irish market
Cryptocurrency
Very High RiskDigital assets such as Bitcoin and Ethereum via MiCA-regulated exchanges. Revenue treats crypto as a chargeable asset for CGT — gains taxed at 33% with EUR 1,270 annual exemption. Each crypto-to-crypto trade is a taxable disposal.
Advantages
- High growth potential
- 24/7 global market
- MiCA-regulated platforms (EU)
- 33% CGT (not 38% Exit Tax)
Considerations
- Extreme volatility
- Can lose 50%+ quickly
- Each trade a taxable event
- Security & scam risks
Frequently Asked Questions
Common questions about compound interest, savings, pensions and tax in Ireland. Answers reference Revenue.ie, the Central Bank of Ireland, the ECB and Citizens Information official guidance.
Important Disclaimer
For educational and informational purposes only. This calculator produces estimates based on the inputs provided and assumes a constant compounding rate over the projection period. Figures referenced reflect 2026: DIRT 33% on Irish/EU bank, credit union and An Post deposit interest; Capital Gains Tax 33% with EUR 1,270 annual personal exemption; Exit Tax on Irish-domiciled funds and equivalent EU/EEA/OECD ETFs 38% from 1 January 2026 (reduced from 41% in Budget 2026); pension tax relief at the marginal rate (up to 40%) capped against an annual earnings limit of EUR 115,000 with age-related percentage limits; the Standard Fund Threshold is EUR 2.2 million in 2026, rising by EUR 200,000 per year to EUR 2.8 million by 2029; the tax-free retirement lump sum is capped at EUR 500,000 lifetime; State Pension (Contributory) maximum personal rate EUR 299.30 per week from 1 January 2026; auto-enrolment scheme "My Future Fund" launched 1 January 2026 for ages 23–60 earning over EUR 20,000; ECB deposit facility rate 2.00% (held 30 April 2026). Past investment performance is not a reliable indicator of future returns.
No warranty of accuracy. While Money Snap takes reasonable care to source figures from official authorities (Revenue.ie, the Central Bank of Ireland, the European Central Bank, the Pensions Authority, Citizens Information), this calculator is provided "as is" without any express or implied warranty as to accuracy, completeness, timeliness, or fitness for any particular purpose. Tax rates, contribution limits, policy rates, and pension rules change frequently — figures shown may be out of date following Budget announcements, Finance Bill enactments, ECB Governing Council decisions, or Revenue updates. Individual circumstances including tax residency, domicile status, marital status, scheme rules, and other reliefs claimed may materially affect actual outcomes.
Not financial advice. Money Snap is not authorised by the Central Bank of Ireland and does not hold permission to provide regulated financial, investment, tax, or pension advice in Ireland. Information provided is general in nature only and does not take into account your personal circumstances, financial situation, or objectives. Results do not constitute financial, investment, tax, or pension advice and use of this calculator does not create an advisory relationship. Before acting on any figure shown, obtain personal advice from a Central Bank–authorised financial adviser (verify authorisation via the Central Bank Registers) or a Chartered Tax Adviser. Tax queries can be addressed directly to Revenue. Free general information is available from Citizens Information.
Limitation of liability. To the maximum extent permitted by law, Money Snap accepts no liability for any loss, damage, cost, or expense — direct or indirect — arising from reliance on this calculator or the information it produces. Investment products (shares, ETFs, multi-asset funds, REITs, cryptocurrency, life assurance investment policies) carry capital risk and may fall as well as rise in value; the Deposit Guarantee Scheme does not cover investment losses or non-deposit products. The Irish Deposit Guarantee Scheme protects eligible deposits up to EUR 100,000 per person, per institution (administered by the Central Bank of Ireland) at banks, building societies, and credit unions authorised in Ireland; compensation is paid within 7 working days of a determination of unavailability. Investment funds and ETFs are subject to Exit Tax at 38% and the 8-year deemed disposal rule, with no loss-offset relief. Users are responsible for verifying all figures with the relevant authority before relying on them. Use of this calculator is subject to our Terms of Use.
More Powerful Calculators
Mortgage Calculator
Estimate Irish mortgage repayments using Central Bank of Ireland LTI and LTV rules. Compare first-time buyer and second-time buyer scenarios in EUR.
Inflation Calculator
See how inflation affects the real value of your income and savings over time, based on historical Ireland CPI data.
Car Loan Calculator
Estimate monthly repayments for a vehicle purchase based on loan amount, interest rate, and loan term.
Income Tax Calculator
Estimate Irish PAYE, PRSI, and USC for the the most recent tax year. Uses Revenue tax bands and rates.
Enjoying Money Snap?
This calculator is 100% free to use. Get started now or share it with friends who might find it helpful!