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FINANCIAL CALCULATORS

Simple Interest Calculator

Calculate simple interest on a principal over time.

100% free No sign-up Private — runs in your browser Instant results
KEY TAKEAWAYS
  • Calculate simple interest on a principal over time.
  • Free to use — no sign-up, no account and no usage limits.
  • Runs entirely in your browser, so the numbers you enter stay private.
  • Works on desktop and mobile with instant, accurate results.

Last updated: June 2026

About the Simple Interest Calculator

Simple interest is charged only on the original principal: I = P × r × t. Enter the three values to get the interest and total.

Frequently asked questions

How is simple interest different from compound?

Simple interest never earns interest on previously-earned interest, so it grows in a straight line rather than a curve.

Free online tool from ConvertFleet. Calculations run entirely in your browser — nothing you type is sent anywhere. Results are estimates for general guidance only.