CD Calculator

Calculate the maturity value and interest earned on a certificate of deposit.

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Certificate of Deposit

Enter the deposit amount, rate, and term to see the maturity value.

Maturity value
$0
Interest earned: $0
Interest earned
$0
Effective annual yield
0%
Monthly interest
$0
APY vs APR difference
0%

Worked example

With the default inputs shown below, this calculator returns the following results:

InputValue
Deposit amount ($)$10,000
APY rate (%)4.5%
CD term (months)12 months (1 year)
ResultValue
Maturity value$10,459.40
Interest earned$459.40
Effective annual yield4.59%
Monthly interest$38.28/mo
APY vs APR difference+0.09%

Values shown are produced by this page in your browser; change any input to update them.

How to use the Certificate of Deposit

  1. Deposit amount ($) — default $10,000
  2. APY rate (%) — default 4.5%
  3. CD term (months) — default 12 months (1 year)
  4. Press Calculate to update the results instantly.

Frequently asked questions

Sources & references