Finance

CD Calculator

Certificate of deposit maturity value.

Enter your values

Results update instantly as you type — no submit needed.

Results
Value at maturity
$10,448.98
Interest earned
$448.98
Effective APY
4.49%
Monthly equivalent interest
$37.42

Quick answer

A CD pays a fixed rate for a fixed term; the maturity value depends on the APY and how often interest compounds.

Value = P × (1 + r/n)^(n×t)

How to use the CD Calculator

  1. 1Enter your deposit amount.
  2. 2Enter the CD rate and term in months.
  3. 3Select the compounding frequency.

Frequently asked questions

Can I withdraw early?

Yes, but you normally forfeit 3–12 months of interest as a penalty.

Is CD interest taxable?

Yes, it is taxed as ordinary income in the year it is credited.