Compound Interest Calculator
See how savings grow when interest earns interest, with regular monthly contributions and the compounding frequency you choose.
Read the guide: How Compound Interest Grows Your SavingsYour savings plan
Compounding
Future balance
$144,573
After 20 years at 7%
- You put in
- $58,000
- Interest earned
- $86,573
Future balance
$144,573
- Contributions40%
- Interest60%
Assumes a steady return and on-time contributions. Real markets vary year to year. Estimates only, not financial advice.
How it works
- 1
Set your starting point
Enter what you have now and how much you add each month.
- 2
Pick a return and term
Choose an expected annual return, the number of years and how often it compounds.
- 3
Watch it grow
See the future balance and how much of it is interest rather than your own deposits.
Instant & 100% private — nothing is uploaded
Every calculation runs locally in your browser. The income, balances and goals you enter stay on your own device and are never sent to a server — nothing is stored, logged or shared.
Frequently asked questions
- What is compound interest?
- It is interest earned on both your original money and the interest already added. Over long periods this snowball effect does most of the heavy lifting.
- How much does compounding frequency matter?
- More frequent compounding helps a little, but the rate, the amount you contribute and the time invested matter far more.
- Are real returns this smooth?
- No. Markets rise and fall year to year. This assumes a steady average, which is useful for planning but not a promise of any single year.
- Is this financial advice?
- No. These are estimates to help you plan and compare options. Your real figures depend on your lender, taxes and personal situation, so check with a qualified professional before deciding.