Certificate of Deposit Calculator

A Certificate of Deposit (CD) is a low-risk savings account with a fixed term and interest rate. Use this calculator to find out exactly how much you'll earn by the end of your CD term.

12

How to Use

  1. 1

    Step 1

    Enter your initial deposit amount.

  2. 2

    Step 2

    Enter the Annual Percentage Yield (APY) offered by the CD.

  3. 3

    Step 3

    Enter the CD term in months.

  4. 4

    Step 4

    Select the compounding frequency.

  5. 5

    Step 5

    Click Calculate to see your final balance and total interest earned.

Frequently Asked Questions

AdvertisementAdSense Space