Finance

Compound Interest Calculator

Estimate future value and interest earned with compound interest.

Compound Interest Calculator

Result
Ready

    Guide

    Compound Interest Calculator basics

    Estimate how a balance grows when interest is added back over time.

    Formula

    How the calculation works

    Future valueP x (1 + r/n)^(n x t)
    Interest earnedFuture value - Principal

    Example

    Example calculation

    $1,000 at 5% for 10 years

    $1,647.01 with monthly compounding

    Notes

    Assumptions

    • Rate is entered as an annual percentage.
    • Taxes, fees, inflation, and deposits are not included.

    FAQ

    Compound Interest Calculator FAQ

    What is the Compound Interest Calculator for?

    It uses the fields on this page and applies the formula shown below the result. Check the assumptions before using the number outside the page.

    Can I use decimals?

    Yes. Decimal inputs are supported unless the field represents a count.

    How should I use the result?

    Treat it as a calculator result, not a full plan. Round it or adjust it when the real situation calls for it.

    Sources. Standard compound interest formula.
    Disclaimer. Use this result as a check or starting point. For finance, health, engineering, or purchasing decisions, verify the numbers before acting on them.