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,...
Calculate Certificate of Deposit Interest and APY Learn More Future value: Learn More Interest earned: Learn More Annual percentage yield: Reset If you received value from this calculator, please pay it forward with a Share, Like, Tweet, Pin, or Link. Thank you! -Dan ...
when chosen with care and consideration, CDs can provide a reliable and secure return on your investment. However, it's a very personal choice whether they are the right option for you or not. Using a calculator like this one can go a long way in planning...
Apart from the investment period, the investment efficiency of CDs depends on the interest rate (APY) (described further in the APY calculator) and the compounding frequency. Generally, the higher the interest rate and the more frequent the compounding, the more profitable the investment. In excha...
Determine how much more you can earn by moving your money into CD 3-year Account from Home Savings Bank (Utah) with 3.00% APY and $5,000 minimum deposit .
To calculate a CD’s interest, you can simply enter the relevant information into the handy calculator above: The initial deposit amount in dollars The term to maturity, in months or years The APY interest rate (which includes any compounding) ...
*Note: Interest rate and APY are slightly different. To be more exact, use the interest rate in the formula.See ourAPY vs. interest rateexplainer, which includes a calculator to convert APY to interest rate. See CD rates by term and type ...
r=interest rate(basic rate, not APY) n= number of times interest is compounded per year t= CD term in years You can also use ourcompound interest calculatorfor this. Calculating the Total Interest on Your CD Ladder Once you have calculated the interest on each of the CDs in your ladder...
Here’s an example: $5,000 invested in a 1-year CD with a 4.00% APY would earn about $200 by the end of the term. Use the calculator on this page to see other combinations. Can you lose money in a CD? Yes, but only if you withdraw your money from a CD before the term ends...