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See how your money grows over time
See how compound interest accelerates your wealth.
Include regular contributions in calculations.
View detailed breakdown by year.
Daily, monthly, quarterly, or annual.
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Compound interest is interest calculated on both the initial principal and accumulated interest. It makes your money grow faster over time.
More frequent compounding = faster growth. Daily compounding earns slightly more than monthly, which earns more than annually.
Divide 72 by your interest rate to estimate years to double your money. At 7%, money doubles in about 10 years.
Enter your starting amount, monthly contribution, interest rate, and time period. Click Calculate to see your future value.
Yes! We use the standard compound interest formula with contribution adjustments.