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Simple Interest Calculator

Calculate interest on the original principal, with a yearly breakdown.

Enter a principal of zero or more, a rate from 0% to 100%, and 1–50 whole years.

Initial Investment (Principal)
$10,000.00
Total Interest Earned
$2,500.00
Future Value
$12,500.00
Year-by-Year Breakdown
YearInterestEnd Balance
1$500.00$10,500.00
2$500.00$11,000.00
3$500.00$11,500.00
4$500.00$12,000.00
5$500.00$12,500.00

Illustrative assumptions. Rates are constant; results are not a forecast.