💰

CD Calculator - Certificate of Deposit Interest

Free CD calculator. Calculate certificate of deposit earnings, APY, and compare CD rates. See how much your CD will be worth at maturity.

Calculate your CD earnings

Enter your values to see results

and click the "Calculate" button

CD Calculator

Calculate earnings on certificates of deposit. CDs offer guaranteed returns and are FDIC insured up to $250,000.

A = P(1 + r/n)^(nt)

P = principal, r = rate, n = compounds per year, t = years. Daily compounding yields slightly more than monthly.

What happens if I withdraw early?

Early withdrawal penalty typically 3-6 months interest for short terms, 12+ months for longer CDs. Some banks offer no-penalty CDs.

CD vs high-yield savings?

CD: locked rate, penalty for early withdrawal, often higher rates. HYSA: flexible access, rate can change. CD better if rates might drop.

Compound Interest Calculator

Compare investment growth

100+ calculators for finance, health, math, and everyday life