Compound Interest Calculator
Calculate how your investments grow over time with compound interest. See the power of compounding with our easy-to-use calculator for starting investors.
Calculate Compound Interest
Your Future Value
Final Amount
$297,145
Total Contributions
$130,000
Interest Earned
$167,145
Return Multiple
2.29x
Compound Interest Calculator
See how your money grows over time with the magic of compound interest. This is one of the most powerful concepts in investing!
What is Compound Interest?
Compound interest is when you earn returns not just on your initial investment, but also on the returns you’ve already earned. It’s like a snowball rolling downhill - it keeps getting bigger!
How to Use This Calculator
- Initial Investment: How much money are you starting with?
- Monthly Contribution: How much will you add each month?
- Annual Interest Rate: Expected yearly return (stocks historically average 8-10%)
- Time Period: How many years will you invest?
- Compounding Frequency: How often returns are calculated (monthly is most accurate)
Why This Matters
Even small amounts invested regularly can grow into large sums thanks to compound interest. Starting early is key!
Example: $5,000 initial + $200/month at 8% for 30 years = $324,000+
Category
Investment Returns & Growth