Simple interest calculator
Calculate simple interest, final amount, principal, rate and time.
- Estimate interest on a simple loan.
- Calculate basic returns.
- Compare principal, rate and time.
Free and private Calculated in your browser
Formula: Interest = Principal × rate × time.
Important notice
This calculation is for reference. Installments, interest, rates and final amounts may vary depending on the financial institution, fees, insurance, extra charges, payment dates and the particular conditions of the loan.
How to use this calculator
- 1
Enter the principal
Type the initial principal and the interest rate.
- 2
Set the time
Choose the time unit and the rate type (monthly or annual).
- 3
Copy the result
Interest earned and final amount.
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