Compound Interest Calculator
Visualize how your investments grow over time with the power of compound interest.
See how your money grows over time.
How to use the Compound Interest Calculator
- Enter the amount you have today (Initial Investment).
- Set how much you will invest per month (Monthly Contribution).
- Enter the expected annual interest rate.
- Set how many years you will invest.
- See the growth chart and the difference between total invested and interest earned.
Features
- Long-term Projection
- Principal vs Interest Breakdown
- Monthly Contribution Calculation
- Instant Result
Frequently Asked Questions
What is Compound Interest?
It is 'interest on interest'. The yield of one month is added to the capital to yield more the next month. It is the most powerful force for building wealth in the long run.
What is the difference from Simple Interest?
In simple interest, the yield is calculated only on the initial value. In compound interest, the yield grows exponentially as it applies to the accumulated value.
When to use this calculator?
Use it to plan retirement, financial independence, or long-term goals (like buying a house in 10 years).
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