CD Calculator

Your details

The amount you are depositing into the CD.
USD
The stated nominal annual interest rate on the CD, not the APY.
%
Full years of the CD term.
yr
Additional months on top of the full years.
mo
How often interest is compounded. More frequent compounding yields a slightly higher return.
Optional. CD interest is taxed as ordinary income. Enter your federal + state marginal rate to see your after-tax return. Leave 0 to ignore taxes.
%
Currency
Final balance
10,511.62

Total account value at maturity (before tax)

Total interest earned511.62
APY0.051%
After-tax interest511.62
After-tax balance10,511.62
Final balance10,511.62
Total interest511.62
After-tax interest511.62

You earn 511.62 in interest at an APY of 5.116%.

  • Your deposit grows by 5.12% over the term, from 10,000.00 to 10,511.62.
  • The stated rate is 5.00%, but compounding bumps the effective APY to 5.116%.

Next stepCD laddering - splitting your deposit across terms of 6, 12, 18 and 24 months - gives you regular access to maturing funds while still earning competitive rates.

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