Calculators
Simple Interest Calculator
Quick interest estimate without compounding. Choose years, months, or days (360/365). Built by Tolyo.
CalculatorsUpdated
Inputs
E.g. $, €, ₨
Turn off for a minimal view.
t (years): 2.000000
Results
Interest (I)
$1,500.00
Total (A = P + I)
$11,500.00
Principal (P)
$10,000.00
Rate (annual)
7.5000%
Breakdown
Time input
2 years
Time in years (t)
2.000000
Formula
I = P × r × t • A = P + I
Tips
- Formula:
I = P × r × t, wheretis time in years andris annual rate (decimal). - Pick Days for exact spans—choose 360 (“ordinary”) or 365 (“actual”) day-count.
- Use the currency symbol field (e.g.,
$,€,₨) for formatted results.
