Interest Calculator
Calculate simple and compound interest with ease
Total Amount
$0.00
Interest Amount
$0.00
Effective Annual Rate
0.00%
Calculation completed successfully!
How to use Interest Calculator?
- Enter the Principal Amount – Start by typing the amount you wish to invest or borrow in the “Principal Amount” field at the top of the tool.
- Input the Interest Rate (%) – Provide the annual interest rate as a percentage in the respective field.
- Choose the Time Period – Select the duration for which the interest should be calculated and choose the unit (e.g., years, months, or days).
- Select Interest Type – Pick between Simple Interest or Compound Interest depending on your preference or requirement.
- Click on “Calculate” – Once all the details are filled in, hit the “Calculate” button to get the results instantly.
- View the Result – The tool will display the calculated interest amount along with the total value at maturity.