Compound Interest Calculator

See how your money can grow over time with the power of compounding returns.

Initial Amount
$
e.g. 10,000.00
Monthly Contribution
$
e.g. 500.00
Interest Rate
e.g. 7.5 (use a period for decimals)
Time Period
e.g. 10 (whole number)
Total Invested
—
Interest Earned
—
Final Balance
—
Total Invested Interest Earned
PeriodInvestedInterestBalance
Formula used: A = PV × (1 + r)ⁿ + PMT × [(1 + r)ⁿ – 1] / r  |  PV = initial amount  ·  PMT = monthly contribution  ·  r = monthly equivalent rate  ·  n = total months