It is so easy to make homemade fudge with this 3 Ingredient Fudge recipe! Serve it at a party or pack it in a festive tin as a simple gift!

It costs about $6.56 to make this fudge recipe that makes 24 pieces. That’s only $0.27 per serving!

While looking at fudge recipes, be sure to check out my Peanut Butter Chocolate Fudge, my Easy Almond Fudge, and my Butter Pecan Fudge

Three pieces of fudge stacked on top of each other, and the top piece has a bite taken out of it.

Quick and Easy Fudge Recipe with Condensed Milk

If you have seven minutes, then you can quickly whip up a batch of this fudge to give as a last-minute gift, to add to your holiday trays, or to get your chocolate fix to help you survive the holiday rush! 

What’s even better than the tiny amount of time this recipe takes to prep is that it only takes three ingredients to make it! And you most likely already have the ingredients on hand!

This recipe is made with chocolate chips, sweetened condensed milk, and vanilla extract. That is it!

The ingredients come together to make a rich and creamy fudge that is full of chocolate flavor.

Sweetened Condensed Milk Fudge ingredients

Per Serving Cost: $0.27

Recipe Cost: $6.56

  • 4 cups semi-sweet chocolate chips – $3.48
  • (2) 14 ounce cans sweetened condensed milk – $2.46
  • 2 teaspoons vanilla extract$0.62

NOTE: The recipe prices are calculated by using grocery store websites. The actual cost of the recipe will vary depending on what ingredients you already have.

All of the ingredients needed to make this 3 Ingredient Fudge recipe.

Easy Fudge Recipe variations

  • Peanut Butter Fudge – Use white chocolate chips instead of semi-sweet and add ½ cup of peanut butter. You do not need to add the vanilla extract.
  • Mint Fudge – Use mint chocolate chips instead of semi-sweet, or add ½ teaspoon of peppermint extract in place of the vanilla.
  • Marshmallow Swirl – After pouring the chocolate into the pan, place 4 spoonfuls of marshmallow crème onto the top of the fudge (about ½ cup total). Use a knife to swirl the marshmallow cream into the fudge mixture. 
  • Nuts – After the chocolate has melted, stir in ½ – ¾ cup of your favorite chopped nuts, along with the vanilla extract.
  • Oreo Fudge – Break 10-12 Oreos into chunks and mix the pieces into the chocolate mixture.

How to make Fudge with Sweetened Condensed Milk

  1. First, line an 8×8-inch baking dish with parchment paper.
  2. Next, melt the chocolate chip and sweetened condensed milk in a bowl.
  3. Stir in the vanilla extract.
  4. Pour the fudge mixture into the prepared pan.
  5. Next, place the baking dish in the fridge for at least three hours to allow time for the fudge to become firm.
  6. Finally, cut the fudge into slices before serving.

A picture collage show how to make this 3 Ingredient Fudge recipe.

How to store Sweetened Condensed Milk Fudge

SERVE: Slice the fudge into squares and serve chilled or at room temperature for very soft consistency. 

STORE: Store the 3 Ingredient Fudge in an airtight container in the refrigerator for up to two weeks. 

FREEZE: Wrap the fudge in wax paper and then with plastic wrap or aluminum foil. It will keep in the freezer for about 2 months when frozen this way.

Tools needed for this Easy Fudge Recipe

  • 8×8-inch baking dish
  • Measuring cups and spoons
  • Microwave-safe bowl
  • Rubber Scraper
Pieces of 3 Ingredient Fudge on parchment paper.

3 Ingredient Fudge FAQs

What does vanilla extract do for fudge?

Vanilla extract enhances the flavor of the chocolate. So while it is not a necessary ingredient or can be left out, it is not one I recommend skipping, as it adds to the overall flavor of the fudge.

Why is my fudge not hardening?

Typically this happens when the chocolate chips and sweetened condensed milk do not cook long enough in the microwave. If those two ingredients are not entirely melted, the fudge will not set up correctly while chilling in the fridge.

What can I use if I don’t have vanilla?

You can substitute maple syrup or almond extract in a pinch. Just note that it will slightly alter the taste of the fudge if you use a substitution. Especially if you use almond extract, as it has a more robust flavor than vanilla.

Can I make 3-ingredient fudge on the stove?

This easy fudge can be made using a double boiler. Add an inch or two of water to a pan. Place your double boiler or a heat-safe bowl on top of the pan, ensuring that the water does not touch the bowl. Bring the water to a boil, then turn to low heat to maintain a simmer. Add the chocolate and sweetened condensed milk to the bowl and frequently stir until melted.

What if the top of my fudge is lumpy?

If the top of your fudge is lumpy, you can place your microwave-safe baking dish into the microwave for 30 seconds to reheat the chocolate. Then, remove it from the microwave and work quickly to smooth the surface using a beveled spatula.

Can I use low-fat sweetened condensed milk?

Yes, low-fat or fat-free sweetened condensed milk works fine in this recipe.

Can I use regular milk?

No, this recipe will not work with regular milk. Sweetened condensed milk adds both flavor and texture to the recipe.

How long does fudge take to set?

The time it takes for fudge to set can vary depending on the specific recipe, ingredients used, and environmental factors like temperature and humidity. However, on average, fudge usually takes anywhere from 1 to 3 hours to set at room temperature.
To determine if your fudge is properly set, you can gently touch the surface with a clean finger. If it has cooled and set, it should feel firm to the touch and not leave any residue on your finger. Keep in mind that fudge can continue to firm up even after it’s been removed from the pan and cut into pieces.
If you’re in a rush, you can place the fudge in the refrigerator to speed up the setting process, but be cautious not to leave it in there for too long, as it can become overly firm or even develop a sugary “bloom” on the surface due to temperature fluctuations.

An overhead picture of the finished fudge cut up into cubes.

More from Food Folks and Fun

A pile of 3 Ingredient Fudge with a bite taken out of one of them.
3.61 from 138 votes

Easy Sweetened Condensed Milk Fudge

Recipe Cost $ $6.56
Serving Cost $ $0.27
Prep Time 5 minutes
Cook Time 2 minutes
Total Time 3 hours 7 minutes
24 people
It is so easy to make homemade fudge with this 3 Ingredient Fudge recipe! Serve it at a party or pack it in a festive tin as a simple gift!


  • 8×8-inch baking dish
  • measuring cups and spoons
  • Microwave safe-bowl
  • mixing spoon


  • 4 cups semi-sweet chocolate chips 24 ounces
  • (2) 14-ounce can sweetened condensed milk
  • 2 teaspoons vanilla extract



  • Line an 8×8-inch baking dish with a square piece of parchment paper that goes up the sides.


  • Put the chocolate chips and sweetened condensed milk in a medium-sized bowl.
  • Microwave for one minute and then stir well. If the chocolate chips are not yet melted, microwave an additional 30 seconds.
  • Stir in the vanilla extract, then immediately pour the mixture into the prepared baking dish.


  • Refrigerate for at least 3 hours, until the fudge is fully set and firm.


  • Slice the fudge into squares and store it in an airtight container.



Serving: 1piece | Calories: 281kcal | Carbohydrates: 34g | Protein: 4g | Fat: 14g | Saturated Fat: 8g | Polyunsaturated Fat: 0.5g | Monounsaturated Fat: 4g | Trans Fat: 0.02g | Cholesterol: 13mg | Sodium: 45mg | Potassium: 293mg | Fiber: 2g | Sugar: 29g | Vitamin A: 103IU | Vitamin C: 1mg | Calcium: 113mg | Iron: 2mg

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The finished fudge on a white serving platter.

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One Comment

  1. Lynda Kaye Brown says:

    The creamiest and so Easy!