Finsanta financial tool
CD interest rate calculator
Estimate the maturity value and interest earned on a certificate of deposit.
Your estimate
$10,939.90
Estimated CD maturity value
Starting amount
$10,000.00
Interest earned
$939.90
Monthly contribution
$0.00
See what a CD could earn
A certificate of deposit trades liquidity for a fixed rate and term. Compare starting deposits and terms to understand the maturity value before opening an account.
Compare terms
A longer term may change the rate and access to your money.
Check compounding
Institutions can compound on different schedules.
Plan maturity
Know when the CD ends and what happens next.
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Frequently asked questions
How is CD interest calculated?
A CD earns interest based on its deposit, annual rate, term, and compounding frequency. This estimate compounds monthly.
What happens if I withdraw a CD early?
Many CDs charge an early withdrawal penalty that can reduce your earnings. Check the institution's account agreement.
Are CD earnings taxable?
Interest from most taxable CDs is generally reported as income, even if you leave it in the account. Consult a tax professional for your situation.