Calculators/cd calculator

CD (Certificate of Deposit) Calculator

Estimate CD interest earned and ending balance at maturity with common compounding options. A CD calculator estimates how much interest you’ll earn on a certificate of deposit over a fixed term. It’s useful for comparing APYs, terms, and compounding frequencies when deciding between savings options.

Inputs
$
%

Maturity value

Ending balance
$10,939.90
Interest earned$939.90
Term (years)2

Growth table

YearBalanceInterest earned
1$10,459.40$459.40
2$10,939.90$939.90

How to use it

  • Enter the initial deposit.
  • Enter APY (or interest rate) and select a term length.
  • Pick a compounding frequency (monthly is common).
  • Review interest earned and maturity value.

Key formulas

Compound growth (no contributions)
FV = P × (1 + r/n)^(n×t)
r = annual rate, n = compounds/year, t = years.

FAQ

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Disclaimer

This is an estimate. Bank products, compounding, and penalties vary. Not financial advice.

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