10 Best Free Online APY Calculator Websites
Here is a list of the best free online APY calculator websites. APY is short for Annual Percentage Yield. As compared to APR (Annual Percentage Rate) or interest rate, APY is the rate you can earn on an account over a year. So if you ever get curious about how much interest you could earn on your savings or investments, an APY calculator can help you with that.
This post covers 10 free websites where you can calculate the Annual Percentage Yield online. APY takes into account both the interest rate and the frequency of compounding. Some of these covered here can help you calculate the APY from interest rate (APR) and compounding frequency. Whereas some calculators also bring other parameters into the calculation. This includes Initial deposits, Term, Regular deposits, etc. With that, these calculators provide more information alongside the APY. So let’s go through the post and check these out.
My Favorite Online APY Calculator
TheCalculatorSite.com is my favorite website on this list to calculate APY online. Along with APY, this calculator also calculates the future investment value and total interest earned. It also provides a projection breakdown that visualizes the balance and interest using table a and a chart. And you can download the projection breakdown data as well.
You can check out our other lists of the best free EPF Retirement Calculator websites, online NPV Calculator websites, and online Cost of Equity Calculator websites.
Comparison Table:
| Name | APY | Total Amount | Total Interest |
|---|---|---|---|
| TheCalculatorSite.com | ✓ | ✓ | ✓ |
| CodeBeautify.org | ✓ | ✓ | ✓ |
| OmniCalculator.com | ✓ | ✓ | x |
| CalculateStuff.com | ✓ | ✓ | ✓ |
| GigaCalculator.com | ✓ | ✓ | ✓ |
| EasyCalculation.com | ✓ | x | x |
| Calculators.io | ✓ | ✓ | x |
| CalculatorHut.com | ✓ | ✓ | x |
| FinanceFormulas.net | ✓ | x | x |
| UfbDirect.com | ✓ | ✓ | x |
TheCalculatorSite.com
TheCalculatorSite.com also offers a free online APY Calculator. With this calculator, you get the option to calculate APY or APR. You have to select which of these values you have and then add Initial deposit, Term, compound interval, and Regular deposits (optional). With that, the calculator determines the APY/APR along with Future value and Total Interest. This calculator has a Projection breakdown where you get a table and a graph of the balance sheet of the entire term. You can view the project either monthly or annually.
Highlights:
- Parameters: Initial deposit, Interest rate, Term, compound interval, and Regular deposits.
- Ways to determine APY: Single.
- Additional Features: Calculate interest, Future value, Total Interest, and Projection breakdown (table & graph).
| Pros | Cons |
|---|---|
| Calculates total amount and interest | |
| Plots a graph between the initial and final amount | |
| Generates a balance sheet by frequency | |
| Option to switch to monthly/yearly tenure | |
| Generates a link to share the calculation | |
| Option to export balance sheet to CSV |
CodeBeautify.org
CodeBeautify.org is known for its tools to beautify and format the code. It also offers many online calculators including an APY Calculator. The calculator has a neat and simple interface. You have to provide the Initial Deposit, Interest Rate, Tenure, and Compounding Frequency to calculate the APY. With that input, the calculator shows the APY value in the top middle of the screen. This is followed by the Total Amount and Interest Amount. It then plots a graph between the Initial Amount and the Total Amount. Along with that, it also generates a table of Interest by Frequency. This includes the balance sheet for every Compounding Frequency of the Tenure. This calculator also generates a link that you can use to share the calculations.
Highlights:
- Parameters: Initial Deposit, Interest Rate, Tenure, Compound Frequency.
- Ways to determine APY: Single.
- Additional Features: Plots a graph of the initial and total amount along with an Interest table.
| Pros | Cons |
|---|---|
| Calculates total amount and interest | No export option |
| Plots a graph between the initial and final amount | |
| Generates an interest table by frequency | |
| Option to switch to monthly/yearly tenure | |
| Generates link to share the calculation |
OmniCalculator.com
OmniCalculator.com is a popular website that offers online calculators for a vast variety of topics. It has a free online APY calculator that you can use to calculate the actual interest earned on an investment over a year. This calculator has 6 parameters covering Interest (APR), Compound Period, APY, Term, Initial balance, and Final balance. You can fill in the necessary parameters to find any missing parameters. For APY, you can calculate APY from Interest, Term, and Initial balance. You can also calculate APY and Interest from Term, Initial balance, and Final balance. Similarly, if you already know the APY, you can use this calculator to find other missing terms such as Initial balance, Final balance, or Term.
Highlights:
- Parameters: Interest (APR), Compound Period, Term, Initial balance, and Final balance.
- Ways to determine APY: Multiple.
- Additional Features: Can calculate any parameter.
| Pros | Cons |
|---|---|
| Versatile to calculate any missing value | Does not calculates the total interest |
| Options to switch compounding frequency and term | No projection table |
| Calculates initial/final balance as well |
CalculateStuff.com
CalculateStuff.com is a free website to perform various types of calculations online. It has a free online Annual Percentage Yield (APY) Calculator. The calculator has four input parameters covering Principal, Interest Rate, Compounding, and Term. You can configure these values to reflect your data and perform the calculation. Doing that gets you the APY percentage at the bottom. Along with that, it also calculates the Future Value and Total Interest amount. This calculator also generates a link that you can use to share your calculations with others.
Highlights:
- Parameters: Principal, Interest Rate, Compounding, and Term.
- Ways to determine APY: Single.
- Additional Features: Also calculates Future Value and Total Interest.
| Pros | Cons |
|---|---|
| Calculates total amount and interest | No projection table |
| Option to switch compounding period | No export option |
| Generates a link to share the calculation |
GigaCalculator.com
GigaCalculator.com is another website with collections of online calculators. It has a free online APY Calculator. You can use this calculator to find the APY of a deposit based on the Annual Interest Rate, Compound Frequency, Initial Balance, and Deposit Term. You can simply configure the parameters and then run the calculator. This gets you the APY percentage along with Future Value after the Deposit Term, Interest accrued, and Capital growth.
Highlights:
- Parameters: Annual Interest Rate, Compound Frequency, Initial Balance, and Deposit Term.
- Ways to determine APY: Single.
- Additional Features: Also calculate Future Value, Total Interest, and Capital Growth Percentage.
| Pros | Cons |
|---|---|
| Calculates total amount and interest | No projection table |
| Estimates the capital growth | |
| Option to switch term period | |
| Generates a link to share the calculation | |
| Offers embed code for the calculator |
EasyCalculation.com
EasyCalculation.com has a free online APY calculator. This is one of the simplest APY calculators on this list that only has two input parameters. It only asks for the Interest Rate and the Number of compounding periods (in years). All you have to do is provides these two values and the calculator gives you the APY percentage for that. It is as simple as that. There are no additional calculations or options. However, it does offer embed code that you can use to add this calculator on websites or blogs.
Highlights:
- Parameters: Interest Rate and Number of compounding periods.
- Ways to determine APY: Single.
- Additional Features: Offers code to embed calculator.
| Pros | Cons |
|---|---|
| Calculates APY from APR and compounding period | No projection table |
| Offers embed code for the calculator | No export option |
| No option to switch the compounding period and term |
Calculators.io
Calculators.io offers online calculators for finance, health, math, physics, construction, date and time, sports, and others. There is a free Annual Percentage Yield Calculator (APY). This calculator has an input section and an output section. The input section has four parameters covering Interest, Compounding, Term, and Initial balance. You can change the term period and fill in your data. As you fill in all the necessary information it gets you the APY in the output section. Along with APY, it also determines the Final balance. Below that, you get two buttons; Share Results and Widget. The Share Results button allows you to generate a link to share your calculation. And the Widget button provides you with an embed code to add this calculator to your website or blog.
Highlights:
- Parameters: Interest, Compounding, Term, and Initial balance.
- Ways to determine APY: Single.
- Additional Features: Calculates Final balance, generates link share results, and calculator widget.
| Pros | Cons |
|---|---|
| Calculates final balance | No projection table |
| Option to switch compounding period and term | No export option |
| Generates a link to share the calculation | |
| Offers embed code for the calculator |
CalculatorHut.com
Under its Finance section, CalculatorHut.com has a free online APY Calculator. This calculator asks for the Initial balance, Interest rate, Period, and Compound Frequency. You can simply set these parameters as per your input data. Then you can run the calculator to get the APY percentage. Along with the APY, this calculator also calculates the Final balance. It also plots a year-by-year prediction chart. The chart visualizes the Final balance at the end of each year of the entire Period.
Highlights:
- Parameters: Initial balance, Interest rate, Period, and Compound Frequency.
- Ways to determine APY: Single.
- Additional Features: Calculates Final balance and plots a year-by-year projection chart.
| Pros | Cons |
|---|---|
| Calculates total balance | No projection table |
| Plots a graph year-by-year chart of balance | |
| Option to switch to monthly/yearly compounding period |
FinanceFormulas.net
FinanceFormulas.net has a simple online APY calculator. This calculator calculates the APY from Nominal Rate and Compounding Period. You simply get the input fields for these two parameters. When you add both values, it instantly gets you the APY percentage. Below that, it shows the formula of APY along with the current values. This can help you understand the formula and see how the APY is calculated. Apart from that, it does not show any additional information.
Highlights:
- Parameters: Nominal Rate and Compounding Period.
- Ways to determine APY: Single.
- Additional Features: No additional features.
| Pros | Cons |
|---|---|
| Calculates APY from APR and compounding period | No projection table |
| No export option | |
| No option to switch the compounding period and term |
UfbDirect.com
UfbDirect.com is another free website where you can calculate APY online. It is a versatile calculator that has the following parameters: Initial deposit, APR, APY, Months, Compounding, Monthly deposit, and Ending balance. You can simply add the necessary known parameters to calculate any unknown value. In the case of APY, you can enter the other values and get the APY percentage.
Highlights:
- Parameters: Initial deposit, APR, APY, Months, Compounding, Monthly deposit, and Ending balance.
- Ways to determine APY: Single.
- Additional Features: Calculates other parameters when APY is given.
| Pros | Cons |
|---|---|
| Versatile to calculate any missing value | Does not calculates the total interest |
| Calculates initial/final balance as well | No projection table |
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