Estimate your Certificate of Deposit earnings based on current yield projections.
Monthly
Quarterly
Annually
Daily
Total Balance at Maturity:
Total Yield Earned:
How to Use the Seacoast Bank CD Rates Calculator
When planning your savings strategy, understanding how much a Certificate of Deposit (CD) will yield is essential. Our Seacoast Bank CD Rates Calculator allows you to input your specific deposit details to see the projected growth over time. Unlike a standard savings account, a CD often offers a higher Annual Percentage Yield (APY) in exchange for keeping your funds parked for a set period.
Understanding Your Results
The calculator uses the compound interest formula to determine your final balance. Most Seacoast Bank CD products compound interest monthly, though some may differ. By adjusting the APY and the term length, you can compare different CD ladders or promotional offers currently available in the market.
Realistic Example:
Suppose you deposit $25,000 into a 13-Month Promotional CD at Seacoast Bank with an APY of 5.00%. If the interest is compounded monthly, at the end of the 13 months, your total balance would grow to approximately $26,388.94, earning you $1,388.94 in total yield.
Key Factors Affecting CD Earnings
Principal Amount: The larger the initial deposit, the higher the absolute dollar amount of yield you will earn.
Annual Percentage Yield (APY): This is the effective rate of return taking into account the effect of compounding interest.
Compounding Frequency: The more frequently interest is added to your balance (daily vs. annually), the faster your money grows.
Term Length: Longer terms usually provide higher rates, but your money is less liquid during this time.
Why Choose a Certificate of Deposit?
CDs are a favorite for conservative investors because they are generally FDIC-insured up to legal limits. They provide a guaranteed rate of return, protecting you from market volatility. Whether you are saving for a down payment on a house or simply want a safe place for your emergency fund, calculating your Seacoast Bank CD returns helps you budget for the future with precision.
function calculateSeacoastCD() {
var deposit = parseFloat(document.getElementById('initialDeposit').value);
var apy = parseFloat(document.getElementById('apyValue').value);
var months = parseFloat(document.getElementById('termMonths').value);
var compounding = parseFloat(document.getElementById('compoundingFrequency').value);
if (isNaN(deposit) || isNaN(apy) || isNaN(months) || deposit <= 0 || apy < 0 || months <= 0) {
alert("Please enter valid positive numbers for all fields.");
return;
}
// Formula: A = P(1 + r/n)^(nt)
// r = annual rate (decimal)
// n = number of compounding periods per year
// t = time in years
var r = apy / 100;
var t = months / 12;
var n = compounding;
var amount = deposit * Math.pow((1 + (r / n)), (n * t));
var yieldEarned = amount – deposit;
document.getElementById('totalBalance').innerText = "$" + amount.toLocaleString(undefined, {minimumFractionDigits: 2, maximumFractionDigits: 2});
document.getElementById('totalYield').innerText = "$" + yieldEarned.toLocaleString(undefined, {minimumFractionDigits: 2, maximumFractionDigits: 2});
document.getElementById('result-area').style.display = 'block';
}