CD Rate Calculator

Compare CD rates and annual percentage yields.

How It Works

  1. Enter stated rate. Add the CD's nominal annual rate and compounding frequency per year.
  2. Get APY. The tool converts the stated rate to true annual percentage yield (APY).
  3. Compare frequencies. See how daily vs monthly vs annual compounding changes your yield.
  4. Maturity value. Enter principal and term to project ending balance with reinvested or paid interest.
  5. CD ladder. Model three rungs with different rates, terms, and amounts.

Pair with our CD Calculator for full maturity and tax planning.

Enter values to see results.

Formula & Reference

APY = (1 + r/n)^n − 1