This Accrued interest calculator is an online interest assessment tool to calculate accrued interest rate, total interest and daily accrued interest from the given values of investment amount, holding period and interest rate.
Accrued Interest is the interest that has accumulated from one payment-due date to the next as well as the total amount of interest paid on a loan over time. Accrued interest is part of the cost borrowing money. The longer it takes to repay the loan, the more accrued interest you will pay. In other words, when you borrow money from a lender, you have to make payments, which are usually monthly, to repay that money. Included in the monthly payment are the principal, taxes, any insurance, and the interest. The amount of interest that accumulates between payments is known as accrued interest. When it comes to online calculation, this accrued interest calculator assist you to figure out future payments.