Compound Interest Calculator

Calculate compound growth with contributions and compounding frequency.

Instant · runs in your browser
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About the Compound Interest Calculator

Compound interest earns interest on your interest, so money grows faster over time. Enter a starting amount, regular contributions, rate, time and compounding frequency to see the final balance and a year-by-year breakdown.

Formula

A = P(1 + r/n)nt plus the future value of regular deposits.

Why it matters

  • Starting early has a bigger effect than a slightly higher rate
  • Monthly compounding beats yearly compounding at the same rate
  • Inflation reduces real returns, so compare against it

How to use Compound Interest Calculator

  1. Enter your values. Units and defaults are shown beside each field.
  2. Press Calculate (results also update as you type once calculated).
  3. Read the result and the step-by-step breakdown with the formula used.
  4. Copy the result or reset to start again.

Frequently asked questions

How accurate is this calculator?

Calculations use the standard formulas shown on the page, computed in full precision and rounded only for display. The result is only as accurate as the inputs and assumptions listed.

Is this financial or tax advice?

No. Results are estimates based on the assumptions you enter. For decisions, check with your bank, a tax adviser or the relevant authority.

Is it free?

Yes. All tools are free to use without an account.