See exactly what a fixed-rate certificate of deposit will be worth when it matures.
How the CD Calculator works
A certificate of deposit pays a fixed rate for a fixed term. The calculator compounds your deposit at the APY over the term to show the value at maturity and interest earned.
Example calculation
$10,000 in a 2-year CD at 4.5% APY matures at about $10,920, earning roughly $920.
Tips for using the CD Calculator
- Longer terms usually pay more but lock your money up.
- Early withdrawal triggers a penalty of several months' interest.
- Ladder multiple CDs for liquidity plus higher rates.
CD Calculator — frequently asked questions
- Early withdrawal?
- Cashing out a CD early usually triggers a penalty of several months of interest.
- FDIC insured?
- Bank CDs are typically insured up to the federal limit per depositor.
- What is a CD ladder?
- Splitting money across CDs of staggered terms so one matures regularly.
- Are CDs insured?
- Bank CDs are typically federally insured up to the standard limit.
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Compound Interest Calculator · Simple Interest Calculator · Savings Calculator · APY Calculator · Investment Calculator · SIP Calculator