Compound Interest Calculator
Use this compound interest calculator to estimate future savings growth and compare how different compounding schedules affect results.
Investment summary
Your Compound Interest Result
How the calculation works
The formula applies the selected compounding frequency to grow the balance over time.
When to use this calculator
Use it for savings accounts, deposits, bonds, and investment plans when you want to compare growth over multiple years.
FAQ
What is compound interest?
Compound interest means you earn interest on both the original principal and the interest already earned.
Which frequency should I choose?
Pick the compounding schedule used by your account, such as monthly, quarterly, or annually.
Does daily compounding grow fastest?
Daily compounding usually produces slightly more growth than monthly or quarterly compounding at the same rate.
Can I use this for investments?
Yes. It works for savings accounts, bonds, and any plan that compounds at a known rate.
Is inflation included?
No. This calculator shows nominal growth and does not subtract inflation.