3 Year Cd Calculator

Use this cd calculator to see the best guaranteed return on your money.

3 year cd calculator.

Just enter a few pieces of information and. The rates featured on this page are much higher than the national average rate of 0 29 apy for three year cds. Initial investment amount or present value that you are putting into your annuity term months enter the term of your cd annual interest rate interest rate rate of return. Cd calculators allow you to quickly determine how much you re going to make with a particular cd option.

Optionally calculate the taxes you will need to pay on earned interest. Cd calculator calculate your earnings and more. As long as you re getting a cd through a trusted banking partner that is fdic insured or ncua insured the major difference between options will be the rate of return. See our picks.

Click here to read more about features and tips related to 3 year cds. How much will his cd be worth at maturity. Input term length and interest rate to see total interest earned. Compare rates on 3 year cds from banks and credit unions.

Calculate the future value of an investment in a certificate of deposit cd. With 2 000 minimum balance. Why use a cd calculator. The best three year cd rates can give a boost to short term savings.

Jumbo 1 year cd. Terms can range from six months to five years or more. How much will his cd be worth at maturity. A certificate of deposit is a unique kind of deposit account that generally provides a higher yield than a traditional savings account.

Kevin deposits 3 000 in a 1 year certificate of deposit cd at 5 6 annual interest compounded daily. Use the bankrate cd calculator to find out how much interest is earned on a certificate of deposit cd. As one matures making principal and earnings available proceeds can be optionally reinvested into a new cd or withdrawal. Use the filter box below to customize your results.

For example instead of investing all funds into a 3 year cd the funds are used to invest in 3 different cds at the same time with terms of 1 2 and 3 years.