Simple Interest Calculator

Compute simple interest: SI = P × R × T / 100 — fast, free, private.

100% private — no uploads Finance ToolsFree & unlimited Read tutorial

See how it works

Watch a quick simulation of this tool in action — no file needed.

How to use Simple Interest Calculator

Follow these steps — everything happens instantly in your browser.

  1. 1

    Step 1. Enter the principal amount you're lending or borrowing.

  2. 2

    Step 2. Enter the annual interest rate as a percentage.

  3. 3

    Step 3. Enter the time period and pick the unit (years, months, or days).

  4. 4

    Step 4. See the simple interest, total amount and a principal-vs-interest breakdown.

Why use this tool

Frequently asked questions

Everything you might want to know about simple interest calculator.