The Calculator App
High-yield savings
Project a savings or CD balance from an APY, compounding, and deposits you enter. Rates are not live quotes.
$19,165
Sample ending balance. Interest may be taxable. Not financial advice.
How this savings projection works
The ending balance starts from the amount you enter, adds each monthly deposit, and compounds at the APY and schedule you choose. The side-by-side rates use the same deposits and term. The ladder uses only the starting deposit and the five rates you enter.
Questions
- Are these live bank rates?
- No. Every APY is a number you type, including the comparison rates and the CD ladder. This page does not download bank offers.
- How is interest added?
- Each month the model adds the deposit, then grows the balance by the compounding factor for that APY. Daily, monthly, quarterly, and annual compounding use different factors.
- What is the CD penalty?
- It is months of simple interest on the starting balance. It is shown beside the result and is not subtracted from the balance held to term.
- Is the interest taxable?
- It can be. This calculator does not estimate taxes. Nothing here is financial advice or a certificate offer.