Compound Interest Calculator
See how your savings and investments can grow with the power of compounding.
Enter Your Details
See how your savings and investments can grow with the power of compounding.
Often called the "eighth wonder of the world," compounding can be the most powerful force in your financial life.
Compound interest is the interest earned on both your initial investment (the principal) and the accumulated interest from previous periods. In simple terms, it's "interest on interest."
It makes your money work for you, accelerating its growth over time. The longer your money is invested, the more significant the effect of compounding becomes.
The more often interest is compounded (e.g., monthly vs. annually), the more interest you'll earn. This calculator lets you see the difference frequency can make.