Certificate of Deposit (CD) Calculator

A certificate of deposit (CD) is a savings account where you can't withdraw the money for a fixed amount of time. In exchange, generally you will earn a higher interest rate than a traditional savings account. 

Enter the CD amount and interest rate into this calculator to see how much a CD can grow over its lifetime (usually 12 to 60 months). This calculator is for educational purposes only and may not reflect exact or actual interest earned. Results may vary and are dependent on how often interest is compounded along with other variables.