Plan your CD investments with precision using our Certificate of Deposit calculator. Estimate maturity value, interest earned, and compare different CD terms and rates.
The amount you plan to deposit into the CD.
The annual percentage yield offered for this CD.
The duration your money will be locked in the CD.
Penalty in months of interest if you withdraw before maturity.
CD maturity value is calculated using compound interest where P is the deposit amount, r is the annual CD rate, n is the compounding frequency, and t is the term length in years.
Calculate simple and compound interest on your bank deposits with ease.
Estimate maturity value and interest on your bank fixed deposit investment.
Calculate interest earned on your savings account with optional monthly contributions.
Track and project the growth of your bank deposits with year-by-year breakdowns.
