The Simple Interest Calculator makes it easy to calculate simple interest. The definition of simple interest is interest calculated without the effect of compounding (as with the Compound Interest Calculator). Try out the free online simple interest calculator by entering in the amount of money and the interest rate now!
How to Calculate Simple Interest
Let's be honest - sometimes the best simple interest calculator is the one that is easy to use and doesn't require us to even know what the simple interest formula is in the first place! But if you want to know the exact formula for calculating simple interest then please check out the "Formula" box above.
Add a Free Simple Interest Calculator Widget to Your Site!
You can get a free online simple interest calculator for your website and you don't even have to download the simple interest calculator - you can just copy and paste! The simple interest calculator exactly as you see it above is 100% free for you to use. If you want to customize the colors, size, and more to better fit your site, then pricing starts at just $29.99 for a one time purchase. Click the "Customize" button above to learn more!