Simple interest calculator
Work out flat interest on a principal over a number of years, the way many short-term loans and notes are quoted.
$
5.0%
5 yr
Interest earned
$2,500
Simple, not compounded
Final balance
$12,500
- Interest per year
- $500
- Interest per month
- $42
- Total return
- 25.0%
How this is calculated
- · Nothing is compounded
- · The balance never changes
Estimates only — not financial, tax or legal advice.