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Financial CalculatorsSimple Interest Calculator
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Simple Interest Calculator

Calculate simple interest on a principal amount — instant results, no ads, no sign-up.

Quick Answer

Simple Interest Calculator lets you: Calculate simple interest on a principal amount — instant results, no ads, no sign-up. To start, input the starting amount of money.

Loading tool…

How to use this tool

  1. 1

    Enter the principal

    Input the starting amount of money.

  2. 2

    Set the interest rate

    Enter the annual interest rate as a percentage.

  3. 3

    Set the time period

    Enter how many years the interest accrues for.

  4. 4

    View results instantly

    See the interest earned and the total amount.

Frequently Asked Questions

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Principal ($)$10,000
Annual interest rate (%)5%
Time (years)3y

Interest earned

$1,500.00

Principal

$10,000.00

Total amount

$11,500.00