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Compound Interest Calculator

How much will my money grow?

Want your money to make money for you? That’s why you put money into a savings account. Use the Compound Interest Calculator to see how your money will grow. You can also use this calculator to see how a 1 percent difference in interest rates will change what you earn.

Instructions:

  • Enter the amount of the starting investment
  • Enter the annual interest rate the investment is expected to earn
  • Enter the number of years the investment will be maintained
  • Enter the number of times per year that the investment’s interest is compounded (eg. 12 if compounded monthly)

Compound Interest Calculator

  1. 1
    How much do you initially have?
  2. 2
    What interest rate do you expect to earn? % ?
  3. 3
    After how many years? years
  4. 4
    How often is the money compounded? times per year

Balance after 10 years

$6,746.77
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Advertiser Disclosure: Many of the offers appearing on this site are from advertisers from which this website receives compensation for being listed here. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). These offers do not represent all account options available. *APY (Annual Percentage Yield). Editorial Disclosure: This content is not provided or commissioned by the bank advertiser. Opinions expressed here are author's alone, not those of the bank advertiser, and have not been reviewed, approved or otherwise endorsed by the bank advertiser. This site may be compensated through the bank advertiser Affiliate Program. To learn more about our approach to content and product assessments, visit our About Us page to see our Editorial Policy and Product Assessment Methodology. UGC Disclosure: These responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.