Dashboard
LoginSign Up
Google AdSenseCalculator Headercalculator_header

Simple Interest Calculators

Compound InterestSimple InterestDaily CompoundForex Compound
$
%
$

Future Value

$6,250.00

Total Interest Earned

$1,250.00

Initial Investment

$5,000.00

Total Contributions

$0.00

Earnings Breakdown

YearlyStart BalInterestContribsEnd Bal
1$5,000.00+$250.00+$0.00$5,250.00
2$5,250.00+$250.00+$0.00$5,500.00
3$5,500.00+$250.00+$0.00$5,750.00
4$5,750.00+$250.00+$0.00$6,000.00
5$6,000.00+$250.00+$0.00$6,250.00
Total—$1,250.00$0.00$6,250.00
Google AdSenseCalculator Footercalculator_footer

Simple Interest Guide

Simple interest is calculated only on the principal amount of a loan or deposit. Unlike compound interest, it does not earn interest on previously earned interest.

How to Use

Ideal for short-term loans or basic savings accounts where interest is paid out rather than reinvested. Enter the principal and fixed rate to see your linear total.

The Formula

A = P(1 + rt)