Compound Interest Calculator

Determine how much your money can grow using the power of compound interest. You can also calculate how much money you need to contribute each month in order to arrive at a specific savings goal.

* DENOTES A REQUIRED FIELD

  • Step 1: Initial Investment

    Amount of money that you have available to invest initially.

  • Step 2: Contribute

    Amount that you plan to add to the principal every month.

  • Length of time, in years, that you plan to save.

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  • Step 3: Interest Rate

    Your estimated annual interest rate.

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  • Range of interest rates (above and below the rate set above) that you desire to see results for.

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  • Step 4: Compound It

    Times per year that interest will be compounded.

  • Step 1: Savings Goal

    Desired final savings.

  • Step 2: Initial Investment

    Amount of money you have readily available to invest.

  • Step 3: Growth Over Time

    Length of time that you plan to save.

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  • Step 4: Interest Rate

    Your estimated annual interest rate.

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  • Step 5: Compound It

    Frequency with which interest will be compounded.