Savings

Simple Interest Calculator

Simple interest is one of the most basic interest models. This calculator estimates interest using the original principal, annual rate, and time period without compounding.

Simple interest result

Enter your values and press Calculate.

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Frequently asked questions

What is the difference between simple and compound interest?

Simple interest grows from the original principal only, while compound interest also grows from previously earned interest.

Does this include monthly contributions?

No. This page only estimates interest on the original principal.

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