Free Compound Interest Calculator

See how your savings grow over time

Project how your savings and consistent contributions compound over time. Adjust the rate, frequency, and horizon to see exactly where you'll land. No signup, no fees, works on mobile.

Your inputs

Set to 0 for a one-time deposit.

Your projection
Final balance$37,506.06
Total contributions$22,000.00
Total interest earned$15,506.06

Projected over 10 years at 7.00% with monthly compounding.

Year-by-year breakdown
YearStart balanceContributionsInterestEnd balance
1$10,000.00$1,200.00$769.39$11,969.39
2$11,969.39$1,200.00$911.76$14,081.14
3$14,081.14$1,200.00$1,064.41$16,345.56
4$16,345.56$1,200.00$1,228.11$18,773.67
5$18,773.67$1,200.00$1,403.64$21,377.31
6$21,377.31$1,200.00$1,591.85$24,169.16
7$24,169.16$1,200.00$1,793.68$27,162.84
8$27,162.84$1,200.00$2,010.09$30,372.93
9$30,372.93$1,200.00$2,242.15$33,815.08
10$33,815.08$1,200.00$2,490.98$37,506.06

Results are estimates only and assume a fixed rate and consistent contributions for the full term.

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