Compound Interest Calculator

Calculate how your money grows with compound interest over time

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Enter your details and click calculate to see results

What is Compound Interest?

Compound interest is the interest calculated on the initial principal and also on the accumulated interest of previous periods. It's often called "interest on interest" and can significantly increase your investment returns over time.

How to Use This Calculator

  1. Enter your initial investment amount
  2. Add your monthly contribution (if any)
  3. Set your expected annual interest rate
  4. Choose your investment time period
  5. Click "Calculate" to see your results

The Power of Compound Interest

Albert Einstein reportedly called compound interest "the eighth wonder of the world." The earlier you start investing, the more time your money has to grow exponentially.