CD Calculator
Calculate Certificate of Deposit (CD) returns with compound interest.
Maturity value
$10,459.40
after 12 months
Interest earned
$ 0,00
APY
0,00 %
Early penalty
$ 0,00
Early withdrawal
Penalty
$114.85
3 months of interest
Value if withdrawn early
$10112.27
at half term
Composition
Principal(95.6%)
Interest earned(4.4%)
Principal
Interest earned
Growth over time
11.505,3388629,0045752,6692876,3350
What is a CD?
A Certificate of Deposit (CD) is a bank product that offers a fixed interest rate in exchange for keeping your money deposited for a specified period.
APY vs APR
APY (annual percentage yield) includes the effect of compound interest, while APR (annual percentage rate) does not. APY is higher with more frequent compounding.
CD strategies
CD laddering diversifies terms to have regular access to funds while capturing higher rates from longer terms. Also consider no-penalty CDs for more flexibility.