CD
Compare cd using the amounts, rates, and time period entered. Use this free cd for fast, clear results with no signup required.
CD guide
What it is for
The CD estimates a financial outcome so you can compare scenarios before making a decision.
How it is calculated
The modeled CD maturity value is deposit × (1 + APY / 100)^years. Interest earned is the maturity value minus the deposit, assuming the entered APY remains constant.
Assumptions
Taxes, fees, inflation, rate changes, and product terms are not included unless the inputs account for them.
Example
Worked example — Initial deposit: $10000; Annual APY: 4%; CD term (years): 5. CD value at maturity: $12,166.52902; Interest earned: $2,166.529024.
Limitations
This is not financial, tax, legal, or investment advice. Confirm terms with official documents and a qualified professional.
Public source: CFPB: Consumer Tools