Savings Interest Calculator
Calculate exactly how much interest your savings account or CD earns over any time period.
Part of our Finance Calculators collection.
Savings Interest Calculator
Free online calculator
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Results update automatically as you type
How to Use This Calculator
- 1
Enter your financial details.
- 2
See projections instantly.
- 3
Adjust to model different scenarios.
How This is Calculated
FV = P × (1 + APY/365)^(365×years) [daily compounding] Interest = FV − Principal
Example Calculation
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Results update as you type.
Frequently Asked Questions
How accurate are these projections?
Investment projections assume a constant return rate which never occurs in practice. Use these as planning guides, not guarantees.
Should I consult a financial advisor?
For retirement planning, a fee-only fiduciary financial advisor can provide personalised guidance accounting for your full financial picture.