Calculators

CD Calculator

Certificate of deposit returns with compounding. Enter APY or a nominal rate with compounding frequency; choose reinvested interest or monthly payout. Built by Tolyo.

CalculatorsUpdated

Inputs

Currency

E.g. $, €, ₨

Principal (initial deposit)

Rate mode

APY (%)

Term

Unit

Reinvest interest (compound)

Off = interest paid out monthly.

Show yearly schedule

Turn off for a minimal view.

Months: 24APY: 8.000%

Results

Maturity value (principal + interest)

₨583,200.00

Total interest (over term)

₨83,200.00

Compounded monthly

Effective monthly rate

0.643%

Derived from APY

Avg. annualized yield

8.32%

Interest ÷ (P × years)

Yearly Schedule

Year	Start Balance	Interest (year end)	End Balance
1	₨536,547.84	₨3,452.16	₨540,000.00
2	₨579,471.66	₨3,728.34	₨583,200.00

Notes

APY mode: uses the effective rate directly. Partial years are prorated.
Nominal mode: converts nominal rate and compounding frequency to an effective APY, then to a monthly rate.
“Monthly payout” keeps principal flat and pays interest out each month.