Interest Calculator

Calculate simple and compound interest

🔒 This tool runs fully in your browser. No files or data are uploaded.
-
Interest Amount
-
Total Amount

How to Use

  1. Enter the principal amount
  2. Enter the annual interest rate
  3. Enter the time period in years
  4. Select interest type (Simple or Compound) and click "Calculate Interest"

FAQ

  • What's the difference between simple and compound interest?
    Simple interest is calculated only on the principal amount, while compound interest is calculated on the principal plus previously earned interest.
Disclaimer: This calculator provides estimates. Actual interest calculations may vary based on compounding frequency and other factors.