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Simple Interest

MONEY & BUSINESS

Simple Interest

Calculate interest without compounding.

UNDERSTAND YOUR RESULT

How it works

Calculate interest without compounding.

THE CALCULATIONinterest = principal × annual rate × years

Using this calculator

Enter principal, annual nominal rate (%), years. interest = principal × annual rate × years.

What to keep in mind

An arithmetic scenario using your own inputs. Use one currency throughout. No live rates, fees, legal tax rules or personal financial advice are included.

Frequently asked questions

Are my entries saved?

No. Calculator inputs remain in the current page and are cleared when you reload or leave. The tools do not upload your entries.

Why are results rounded?

The display is rounded for readability. Calculations use unrounded intermediate values. An estimate should not be interpreted as an exact measurement.