KLOORACD Calculator
Calculate the value of a certificate of deposit at maturity from the deposit, APY and term.
Quick answer: CD Calculator: Calculate the value of a certificate of deposit at maturity from the deposit, APY and term. Everything runs in your browser, so nothing you enter is uploaded or stored.
How to use CD Calculator
- Enter your values in the fields.
- The results update instantly as you type.
- Note or copy the numbers you need.
Features
- Instant results
- Free, no signup
- Runs in your browser, nothing is uploaded
- Works on phone and desktop
How it works
Maturity value = deposit x (1 + APY) ^ (months / 12).
Worked example
25,000 at 4.2 percent APY for 12 months matures at about 26,050, earning 1,050.
Good to know
Interest is taxable income in the year it is earned.
Frequently asked questions
What is a CD?
A certificate of deposit holds your money for a fixed term at a fixed rate, usually higher than regular savings.
What is the penalty for early withdrawal?
Banks usually charge several months of interest. Check your terms.
Is the CD Calculator free?
Yes. It is free, needs no signup and works on any device.