CDCD Calculator Tools

CD penalty calculator

Estimate an early withdrawal penalty.

Use the bank's penalty rule, often stated as days of interest, to estimate how closing a CD early can affect the payout.

Estimated penalty
$111
$223Interest earned
$112Net interest
$10,112Estimated payout

Enter your details to estimate the early withdrawal impact.

Read the exact penalty rule

Banks calculate penalties differently. Some use days of simple interest, some use months of interest, and some may reduce principal if the penalty exceeds earned interest.