What is Interest rate?

An interest rate is the proportion of a principal charged or earned over a period, normally quoted per year.

2 tools that work with Interest rate

Files never leave your browser.

Calculators2

Loan & EMI CalculatorCalculate monthly repayments, total interest and the full cost of a loan.Simple Interest CalculatorCalculate simple interest and see how it differs from compound interest.

Related terms

Terms that appear alongside Interest rate on the same tools.

Compound interest

← All glossary terms Browse every tool →