Use our CD calculator to estimate how much you could earn from a certificate of deposit. Enter your initial deposit, CD term, and APY to see your potential earnings on your CD at maturity.Initial Deposit: Hover for more Over a period of: Months Years Hover for more APY: $ 11,...
For example, if you decide to invest in a CD you may be unsure of which term and interest rate would yield the highest return on your investment. You can use a CD calculator like the one above, which can help you estimate your earnings based on different terms, interest rates and initia...
Calculate the fixed deposit interest and maturity amount.Certificate of Deposit CalculatorInitial deposit: Months: months Annual interest rate: % Compound: Embed Certificate of Deposit Calculator WidgetAbout Certificate of Deposit Calculator The Certificate of Deposit Calculator is used to calculate how ...
Each CD will have a different maturity date, so that one of your CDs will mature at the frequency you specify. This calculator assumes that you redeposit all matured CDs into new CDs that have a term of the longest maturity in your original CD ladder. Interest is compounded The interest ...
This kind of CD is sold at a deep discount to its face value. There are no interest payments and upon maturity, you receive the face value of the CD. Callable CD. A callable CD has a higher interest rate, but it provides the bank or credit union with an option to return your fund...
Interest Payments Monthly, Quarterly, Semiannually, Annually, or at Maturity (depending on the term) Early Withdrawal Penalty* Terms < 6 months: lower of interest earned or 90 days' interestTerms 6 months to < 24 months: lower of interest earned or 180 days' interestTerms 24 months or more...
Method 1: Use Excel FV Function to Create CD Interest Calculator Create a dataset including investment amount, rate of interest, term in year, and compounding period per year. Enter the following formula in the cell you want the CD interest to be displayed. Here,C9. ...
Guaranteed Returns: Because CDs have fixed interest rates, you can figure out how much you can earn over the CD term using a CD calculator. Safety: Like money stored in money market accounts, high-yield savings accounts, or even a checking account, CDs are protected by FDIC or NCUA insuran...
The interest earned on your CDs is added to your CD balance at regular intervals. This is called "compounding." This calculator allows you to choose the frequency that your CDs' interest income is compounded. The more frequently this occurs, the sooner your accumulated interest income will gener...
Use our CD calculator to estimate how much you could earn from a certificate of deposit. Enter your initial deposit, CD term, and APY to see your potential earnings on your CD at maturity.Initial Deposit: Hover for more Over a period of: Months Years Hover for more APY: $ 11,...