fincalculator
CD Calculator
Use this free CD Calculator to estimate returns on your Certificate of Deposit investments. Simple, accurate, and easy to use for better banking.
A Certificate of Deposit (CD) is a low-risk savings tool that can help you grow your money faster than a standard savings account. The CD Calculator helps you estimate how much interest you will earn on your deposit given a specific term and APY (Annual Percentage Yield).
CDs are ideal for money you don't need immediate access to, as they typically offer higher rates in exchange for keeping your funds locked in for a set period.
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INPUT VALUES
When to Use This Calculator
Use the CD Calculator to compare different bank offers or to see how much more you'd earn by choosing a longer term.
Example Scenario
Deposit: $10,000. APY: 5%. Term: 12 Months. Compounding: Daily.
Total Balance: ~$10,512. Interest Earned: ~$512.