Compound Interest Calculator

See how your money grows over time with the power of compound interest.

Future Value

$17,239,938
Principal (75.4%)Interest (24.6%)

Total Principal

$13,000,000

Total Interest

$4,239,938

YearTotal BalanceTotal Interest
1$2,284,164+$84,164
2$3,634,028+$234,028
3$5,052,953+$452,953
4$6,544,473+$744,473
5$8,112,303+$1,112,303
6$9,760,345+$1,560,345
7$11,492,705+$2,092,705
8$13,313,695+$2,713,695
9$15,227,851+$3,427,851
10$17,239,938+$4,239,938

πŸ“–How to Calculate Compound Interest

1Enter Principal

Input your initial investment amount.

2Add Monthly Contribution

Enter the amount you plan to add each month.

3Set Rate & Time

Input the annual interest rate and investment duration in years.

4Calculate

Click Calculate to see the future value and interest earned.

πŸ’‘Use Cases

Planning for retirement savings.
Calculating returns on stock market investments.
Visualizing the benefits of starting to invest early.

❓FAQ

What is Compound Interest?

Compound interest is the interest on a loan or deposit calculated based on both the initial principal and the accumulated interest from previous periods.

Why is it powerful?

Because of its exponential growth potential. Small regular investments can grow into significant sums over long periods due to compounding.

Compound Interest Calculator