CD Calculator
Calculate Certificate of Deposit (CD) returns. Compare different terms to find the best CD for your savings goals.
Financial Disclaimer
This calculator is for educational purposes only and does not constitute financial advice. Results are estimates based on the inputs provided. Consult a qualified financial advisor before making investment or financial planning decisions.
InputsLive
Results
Maturity Value
$10,511.62
Total Interest Earned
$511.62
How to Use This Calculator
- Enter your initial deposit amount.
- Enter the annual interest rate (APR) offered by the bank.
- Select the CD term from 3 months to 60 months.
- Choose the compounding frequency — daily compounding yields the most.
- Review the maturity value, total interest earned, and effective APY to compare CDs from different institutions.
Formula
Maturity Value = P × (1 + r/n)^(n×t)Related Calculators
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