Updated 13 November 2023 Our Interest Calculator Makes The Numbers Clear Calculate interest payments or interest returns in seconds. Our calculator shows the time value of money and how much interest will be earned or charged on a principal sum at certain interest rate for particular period of time.
Simple Interest Calculator
Total interest accrued
Daily interest continues
0000.00 ($) per day
Principal + Interest
Our calculations are based on the assumption that there is no change to the opening or closing balance (the 'amount') during the period ('days') interest is calculated.
Video Explainer MoneyHub Founder Christopher Walsh explains how to use a simple interest calculator for a term deposit, personal loan or car finance:
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