Interest Calculator

Quickly calculate total interest earned on an investment or paid on a loan. Easily toggle between Simple Interest and Compound Interest to see the difference over time.

Interest Calculator

How to Use

  1. 1

    Principal & Rate

    Enter your starting principal amount and the annual interest rate.

  2. 2

    Time & Type

    Input the time in years and select whether you want to calculate Simple or Compound interest.

  3. 3

    Calculate

    Click calculate to see your total interest and the final balance.

Frequently Asked Questions

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