Simple Interest Calculator
Calculate simple interest and total amount.
Runs locally in your browser. No signup.
How it works
- 1 Enter your values.
- 2 Adjust settings if needed.
- 3 Get results instantly.
Interest: —
FAQ
What is simple interest?
Simple interest is calculated only on the principal amount, not on previously earned interest.
What is the formula?
Interest = Principal × Rate × Time.
When is simple interest used?
It is often used for short-term loans or certain types of savings accounts.
Does this tool store my input?
No. Your input is processed locally in your browser and is not uploaded or stored.