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Simple interest calculator

Calculate the simple interest daily, monthly, or yearly in just a few clicks!

% per year
  
 

Accurate simple interest calculator

Estimate the interest on your savings & loans in seconds

Calculate your simple interest in 3 simple steps

 
 

Add calculation details

Enter the principal amount you want to calculate the interest on along with the applicable rate of interest.

 
 

Select Duration

Choose the time duration for which you want to calculate the simple interest on the principal amount. You can choose days, weeks, months, or years as per your requirements.

 
 

Calculate interest amount

Determine both the interest amount on your principal along with the total amount with interest.

Features

Accurate calculations for your financial health

  • Error-free simple interest calculations for longer time periods like long consecutive years.
  • Easy insight into interest value as well as the estimated increase in your investments.
  • Customizable time periods to accurately calculate your total investment, estimated total return, maturity time, and more to ensure informed financial decisions.
Download an invoice as per your business requirement
Download an invoice as per your business requirement

Accurate calculations for your financial health

  • Error-free simple interest calculations for longer time periods like long consecutive years.
  • Easy insight into interest value as well as the estimated increase in your investments.
  • Customizable time periods to accurately calculate your total investment, estimated total return, maturity time, and more to ensure informed financial decisions.

FAQ'S

Looking for more info? Here are some things we're commonly asked

How can a simple interest calculator inform my financial decisions?

You can accurately determine the interest rate on your principal amount along with the total return upon completion of tenure of a loan/savings plan.
With a clear and error-free calculation of the interest amount of investments, a simple interest calculator can help you choose an investment based on your investment goals and risk tolerance.
No. Unlike compound interest, interest rates on principal amounts do not change over time for simple interest.

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