Compound Interest Calculator

Enter the principal, annual rate, term, compounding frequency, and monthly contribution to calculate the final amount and interest in real time. All calculations happen in your browser.

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Enter the principal, rate, and term to see the result.

How to use

  1. Enter the principal, annual rate (%), and term (years).
  2. Choose the compounding frequency and enter a monthly contribution if any.
  3. The final amount, amount invested, and interest are shown in real time.

Frequently asked questions

How is compound interest calculated?

The final amount is principal × (1 + rate/compounds)^(compounds × term). Interest earns interest, so it grows more than simple interest.

Are monthly contributions included?

Yes. If you enter a monthly contribution, it is compounded monthly and included in the final amount.

Are the values I enter sent to a server?

No. All calculations happen inside your browser, and the values you enter are not sent to any external server.