Calculators/Compound Interest Calculator

Compound Interest Calculator

See how investments grow over time. Visualize compound growth with a chart and yearly table.

$106,639Final Balance
$70,000Total Contributions
$36,639Interest Earned
ContributionsInterest

Free Compound Interest Calculator

Compound interest is interest calculated on both the initial principal and the accumulated interest from previous periods — meaning your money earns returns on its returns. The formula for compound interest with regular contributions is: FV = P(1 + r/n)^(nt) + PMT * [((1 + r/n)^(nt) - 1) / (r/n)], where P is initial investment, PMT is periodic contribution, r is annual interest rate, n is compounding frequency per year, and t is years.

The growth chart makes the power of compounding visual: the gap between your total contributions and your final balance widens dramatically over time. A modest monthly contribution invested consistently for 30 years typically produces far more in interest than in contributions — this is why starting early matters more than the amount you invest.