Certificate of Deposit (CD) Calculator

💎 CD Investment Calculator

Calculate returns on your certificate of deposit investment

Initial Deposit ($)

Annual Interest Rate (%)

Term Length

Compounding Frequency

Early Withdrawal Penalty (Months Interest)

Early Withdrawal Information

Most CDs impose penalties for early withdrawal, typically 3-12 months of interest. This calculator shows the penalty impact if you withdraw before maturity.

📊 CD Results

Maturity value, interest earned, and penalty analysis

Enter CD details to see investment returns

📈 CD Growth Over Time

Principal growth throughout the CD term

🌐 3D CD Visualization

Interactive view of principal, interest, and penalties

Use mouse to rotate and zoom

Certificate of Deposit Guide

Understanding CDs, rates, terms, and investment strategies

Certificates of Deposit (CDs) are time deposits offered by banks and credit unions that pay fixed interest rates for specific terms. They're FDIC-insured investments that offer higher returns than savings accounts in exchange for locking up your money for a predetermined period.

Fixed Returns

Guaranteed interest rate for the entire term, protecting against rate decreases

FDIC Insured

Protected up to $250,000 per depositor, per bank, making them very safe

Term Variety

Available in terms from 3 months to 5+ years with varying rates

Early Withdrawal Penalties

Penalties discourage early withdrawal, typically 3-12 months interest

CD strategies include laddering (staggering maturity dates), rate shopping for best returns, and considering promotional rates. Factor in inflation, opportunity cost, and liquidity needs when choosing CD terms and amounts.