CD Maturity Calculator (Certificate of Deposit)
Enter your deposit amount, annual interest rate, term, and compounding frequency to estimate your CD’s maturity value.
CD Maturity Calculator (Certificate of Deposit)
Calculate the maturity value and interest earned on a Certificate of Deposit.
This is an estimate for general informational purposes only, not financial advice. Early withdrawal penalties, which most CDs charge if you cash out before maturity, are not included in this calculation.
A Certificate of Deposit pays a fixed interest rate over a set term in exchange for locking up your funds. This calculator compounds your interest at your selected frequency to estimate the total value at maturity.
Example
- With the default values shown above, this calculator returns: Maturity Value ≈ USD 10,459.40; Total Interest Earned ≈ USD 459.40.
Frequently Asked Questions
Does compounding frequency matter much?
More frequent compounding (daily vs. annually) produces a slightly higher return for the same stated rate, though the difference is usually small over short terms.
What happens if I withdraw early?
Most CDs charge an early withdrawal penalty, often equal to several months of interest, which would reduce the maturity value shown here.