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Investmentcalculator

See how your money grows with compound interest over time.

1 yr10203040 yrs
Final Balance
300,350.72
Total Contributions
129,500.00
Total Interest Earned
170,850.72
Interest as % of Final Balance
56.9%

Year-by-Year Growth

Contributions vs interest earned over time

Contributions
Interest
Y1
16,419.19
Y2
23,838.58
Y3
31,794.31
Y4
40,325.16
Y5
49,472.70
Y6
59,281.53
Y7
69,799.43
Y8
81,077.68
Y9
93,171.22
Y10
106,139.02
Y11
120,044.25
Y12
134,954.70
Y13
150,943.02
Y14
168,087.14
Y15
186,470.62
Y16
206,183.03
Y17
227,320.45
Y18
249,985.91
Y19
274,289.85
Y20
300,350.72

Free compound interest and investment calculator

This investment calculator shows how your money grows through the power of compound interest. Enter your initial investment, monthly contribution, expected annual return, and time horizon to see your projected final balance. The year-by-year growth chart visually separates your contributions from investment gains, making it easy to see how compounding accelerates your wealth over time.

Why compounding frequency matters

Choose between monthly, quarterly, or annual compounding to match your actual investment product. Monthly compounding produces slightly higher returns because interest starts earning its own interest sooner. Over a 20-year period, this difference can add up to a meaningful amount, especially with larger portfolios or higher return rates.

Building a long-term investment strategy

The most powerful variable in this calculator is time. Even modest monthly contributions grow substantially over decades thanks to compounding. Try extending the time slider to see how an extra five or ten years dramatically increases your final balance. Starting early, even with smaller amounts, often beats starting late with larger contributions.

Planning specifically for retirement? Our retirement calculator factors in inflation and the 4% withdrawal rule. To understand how your current income fits into your savings plan, try the salary calculator.

Plan your long-term wealth with the retirement calculator, measure returns on any venture using the ROI calculator, or compare financing costs with our mortgage calculator.

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