What does a compound interest calculator do?
This compound interest calculator helps you estimate how your money can grow over time when you make regular contributions and earn interest on your balance. It’s designed for beginners, so whether you’re just starting to save or thinking about investing, you can see how small, consistent efforts add up.
How to use it
Enter your starting amount, how much you plan to add each month, the average annual interest rate, and how many years you want to grow your savings. The calculator will show your total contributions, your estimated future balance, and how much interest you could earn.
Why compound interest matters
Compound interest means you earn interest not just on your original money, but also on the interest it earns over time. It’s like a snowball that gets bigger the longer it rolls. That’s why starting early and staying consistent makes such a big difference.
Compound Interest Calculator
Estimate how your money can grow over time with regular contributions and compound interest.