KLOORASimple Interest Calculator
Calculate simple interest and the total amount for a principal, rate and time.
Quick answer: Simple Interest Calculator: Calculate simple interest and the total amount for a principal, rate and time. Everything runs in your browser, so nothing you enter is uploaded or stored.
How to use Simple Interest 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
Frequently asked questions
What is the simple interest formula?
Simple interest = principal x rate x time / 100, with the rate per year and time in years.
How is it different from compound interest?
Simple interest is charged only on the original amount. Compound interest is charged on the amount plus earlier interest.
Is the Simple Interest Calculator free?
Yes. It is free, needs no signup and works on any device.