Early Withdrawal
Enter your CD details and when you want to withdraw.
Total cost of early withdrawal
$0
You receive: $0
Value if held to maturity
$0
Interest earned so far
$0
Penalty amount
$0
You receive today
$0
Lost interest
$0
Equivalent rate
0%
Worked example
With the default inputs shown below, this calculator returns the following results:
| Input | Value |
|---|---|
| CD deposit amount ($) | $10,000 |
| APY rate (%) | 4.5% |
| CD term (months) | 12 months (1 year) |
| Months held before withdrawal | 6 |
| Penalty (months of interest) | 3 |
| Result | Value |
|---|---|
| Total cost of early withdrawal | $112.50 |
| Value if held to maturity | $10,459.40 |
| Interest earned so far | $227.12 |
| Penalty amount | $112.50 |
| You receive today | $10,114.62 |
| Lost interest | $344.78 |
Values shown are produced by this page in your browser; change any input to update them.
How to use the Early Withdrawal
- CD deposit amount ($) — default $10,000
- APY rate (%) — default 4.5%
- CD term (months) — default 12 months (1 year)
- Months held before withdrawal — default 6
- Penalty (months of interest) — default 3
- Press Calculate to update the results instantly.