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Simple interest

Estimate interest without compounding over a period in years.

Try your numbers

Use the selected currency.
Enter percent values.
Enter years values.

Currency selection changes the display, not the amounts. Use one currency throughout unless you are using the conversion tool.

Your result

How this works

Estimate interest without compounding over a period in years.

Formula

Interest = principal × annual rate × years.

Assumptions and limits

Assumes simple interest at a constant rate. Excludes fees and tax.

Worked example

Replace the example with your own figures, then compare scenarios. Include all relevant costs and use records from matching periods.