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Accrued Interest Calculator

The Accrued Interest Calculator allows you to calculate your true cost of borrowing money, this includes accrued interest rate, total interest and daily accrued interest from the given values of investment amount, holding period and interest rate.

Accrued Interest Calculator
Investment Amount $
Holding Period days
Interest Rate %
Accrued Interest Calculator Results
Accrued Interest cost = $
Accrued Interest Rate = %
Daily Interest cost = $

What is Accrued Interest?

Accrued interest is part of the cost borrowing money. When you borrow money from a lender, you are required to make repayments (typically monthly) to repay the money borrowed. This repayment includes the principal, taxes, insurance(s) and the interest. The amount of interest that accumulates between payments is known as accrued interest. Accrued Interest is the interest that has accumulated from:

  1. the duration between two payment-due dates, for example 01 May 2019 and 01 June 2019
  2. the total amount of interest paid on a loan over time

How do I reduce the Accrued Interst on a Loan?

With all borrowing, the longer it takes you to repay the loan, the more accrued interest you will pay. If you are keen to repay a loan earlier, try our Debt Payoff Calculator

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