CD Calculator

Calculate Certificate of Deposit returns and maturity values. Compare different CD terms, interest rates, and compounding frequencies to maximize your savings.

Calculator

Calculator Details

Enter your information to calculate results

Results
$26,842.47
Total Value at Maturity
$1,842.47 interest earned
4.85%
Effective APY
1.5
Years

CD Summary

Initial Deposit$25,000.00
Interest Rate0.05%
Compoundingmonthly
Total Interest Earned$1,842.47

Growth Timeline

Month 1
$25,098.96
+$98.96 total interest
Month 2
$25,198.31
+$198.31 total interest
Month 3
$25,298.05
+$298.05 total interest
Month 4
$25,398.19
+$398.19 total interest
Month 5
$25,498.72
+$498.72 total interest
Month 6
$25,599.66
+$599.66 total interest
Month 7
$25,700.99
+$700.99 total interest
Month 8
$25,802.72
+$802.72 total interest
Month 9
$25,904.86
+$904.86 total interest
Month 10
$26,007.40
+$1,007.40 total interest
Month 11
$26,110.34
+$1,110.34 total interest
Month 12
$26,213.70
+$1,213.70 total interest
Month 13
$26,317.46
+$1,317.46 total interest
Month 14
$26,421.63
+$1,421.63 total interest
Month 15
$26,526.22
+$1,526.22 total interest
Month 16
$26,631.22
+$1,631.22 total interest
Month 17
$26,736.63
+$1,736.63 total interest
Month 18
$26,842.47
+$1,842.47 total interest

FDIC Insured

CDs from FDIC-insured banks are protected up to $250,000 per depositor, per bank. Your $25,000.00 deposit is fully protected.

Early Withdrawal Penalty

Withdrawing funds before maturity typically results in penalties, often 3-12 months of interest. Consider your liquidity needs before committing to a CD.

How It Works

The CD Calculator uses compound interest to determine your certificate of deposit returns:

A = P(1 + r/n)^(nt)

Where A = final amount, P = principal, r = annual rate, n = compounding frequency, t = time in years

Key Features:

  • Guaranteed Returns: Fixed interest rate for the entire term
  • FDIC Insurance: Protected up to $250,000 per depositor, per bank
  • Compound Interest: Interest earns interest over time
  • Various Terms: From 30 days to 10+ years available
  • Predictable Growth: Know exactly what you'll earn at maturity

Examples

Example: 18-Month CD

Principal: $25,000

Rate: 4.75% APY

Term: 18 months

Compounding: Monthly

Final Value: ~$26,850

Interest Earned: ~$1,850

Example: 5-Year CD

Principal: $50,000

Rate: 5.25% APY

Term: 5 years

Compounding: Daily

Final Value: ~$64,750

Interest Earned: ~$14,750

Compare

CD Strategy Comparison:

CD Laddering Strategy
Stagger Maturity Dates
Spread investments across multiple CDs with different terms
Regular Access to Funds
One CD matures each year, providing liquidity
Rate Protection
Reinvest at current rates when each CD matures
CD vs Other Savings
vs Savings Account
Higher rates but less liquidity
vs Money Market
Fixed rate vs variable rate
vs Treasury Bills
FDIC insured vs government backed