Other Financial Calculators

• Car Loan Calculator
• Car Loan EMI Calculator
• Compound Interest Calculator
• EMI Calculator
• Home Loan Calculator
• Home Loan EMI Calculator
• Interest Calculator
• Interest Rate Calculator
• Investment Calculator
• Loan Calculator
• Loan Comparison Calculator
• Loan EMI Calculator
• Loan Payment Calculator
• Mortgage Calculator
• Mortgage loan Calculator
• Mortgage Payment Calculator
• Mortgage Payoff Calculator
• Payment Calculator
• Personal Loan Calculator
• Personal Loan EMI Calculator

Interest Calculator – Calculate Simple & Compound Interest Online

Managing finances effectively requires knowing exactly how much interest you will earn or pay. Whether you’re saving money, taking a loan, or planning investments, an Interest Calculator makes this process fast and accurate.

What Is an Interest Calculator?

An Interest Calculator is an online tool that helps you quickly compute interest on savings, loans, or investments. You can enter details like the principal amount, interest rate, and time period, and the calculator instantly shows you the total interest payable or receivable.

This tool is especially useful for:

Borrowers calculating loan interest.

Investors estimating returns on deposits or bonds.

Students and professionals learning finance concepts.

Types of Interest Calculated

1. Simple Interest (SI):
   Simple Interest is calculated only on the principal amount.
   Formula: SI = (P × R × T) ÷ 100
   Where P = Principal, R = Rate of Interest, T = Time in years.
2. Compound Interest (CI):
   Compound Interest is calculated on the principal plus accumulated interest.
   Formula: CI = P × (1 + R/100)^T – P

Your web app can compute both simple interest and compound interest instantly, saving you time and effort.

Why Use Our Online Interest Calculator?

✅ Fast & Accurate: Get results in seconds.

✅ User-Friendly: Simple design for everyone.

✅ Free to Use: No hidden charges or sign-ups.

✅ Mobile-Friendly: Calculate interest anytime, anywhere.

How to Use the Interest Calculator

1. Enter the Principal Amount (loan or investment amount).
2. Input the Interest Rate (annual percentage).
3. Select the Time Period (years/months).
4. Choose Simple Interest or Compound Interest.
5. Click “Calculate” to view total interest and maturity value

Benefits of Calculating Interest Online

Helps in financial planning.

Compares multiple loan or investment options.

Avoids manual calculation errors.

Saves time when dealing with multiple scenarios.