What is the Simple Interest Calculator?
Simple interest is calculated only on the original principal. It is commonly used for short-term loans and some deposits.
How it is calculated
SI = P × R × T ÷ 100.
How to use it
- Move the sliders or type values into the boxes.
- The result and breakdown update instantly.
- Use the year-by-year view to see how your money grows.
- Book a free consultation to turn the estimate into a fund-by-fund plan.
