Use this early withdrawal penalty calculator to find the effective APY when closing a CD before maturity. The effective APY takes into account the loss from the early withdrawal penalty. Simply enter the term, apy and penalty for early withdrawal and you will see a breakdown of what the effective APY would be if you were to withdraw the money during any month. Please be aware that there are some risks in planning for an early withdrawal of a CD.
Enter the term, APY and penalty for early withdrawal of any CD product in one of the columns in the table below by clicking the "Add" button.
Find and add any CD product to the calculator table to view its early withdrawal penalty details.