CD Ladder Calculator
A CD ladder spreads your savings across multiple certificates of deposit with different maturity dates, giving you regular access to cash while earning higher rates than a single savings account. Use this calculator to estimate how much interest your CD ladder could earn over time.
About this calculator
Calculate the total interest earned and maturity values across a certificate of deposit (CD) ladder strategy based on your total investment, number of rungs, and average rate.
Frequently Asked Questions
What is a CD ladder?
A CD ladder is a strategy where you split your money into several certificates of deposit with staggered maturity dates, so a portion becomes available periodically while the rest continues to earn interest.
Why use a CD ladder instead of one CD?
Laddering provides liquidity at regular intervals and lets you take advantage of potentially rising rates on renewed rungs, while a single CD locks all your funds for one term.
Is this calculator's estimate exact?
No, it provides an approximation using an average rate across all rungs; actual returns depend on the specific rate and term for each CD in your ladder.