How to use the CD Calculator (Certificate of Deposit)
Fill in the fields on the left. Results, charts and the breakdown update instantly as you type or move a slider. Pick your country at the top of the page to switch currency.
Formula
A = P × (1 + r/n)^(n·t)
APY = (1 + r/n)^n − 1
Frequently asked questions
What is APY?
Annual percentage yield includes compounding, so it shows what you actually earn in a year. Banks usually advertise CDs by APY.
What happens if I withdraw early?
Most banks charge an early withdrawal penalty, often several months of interest.
Results are estimates for information only and are not financial, tax or legal advice. Tax rules, interest rates and fees change, so confirm important numbers with your bank, employer or a qualified adviser. Read our disclaimer.