Compound Interest Calculator
Projects the future value of savings with compound interest and optional monthly contributions.
Inputs
- Initial amount ($)
- Annual return (%)
- Years (years)
- Monthly contribution ($)
Example
Future value: $54,714
| Total contributions | $34,000 |
|---|---|
| Total interest earned | $20,714 |
| Return on contributions | 60.92% |
How it works
Monthly compounding, contributions added at month end. Excludes taxes and fees. Estimate.
FAQ
How does the Compound Interest Calculator work?
Projects the future value of savings with compound interest and optional monthly contributions. Monthly compounding, contributions added at month end. Excludes taxes and fees. Estimate.
Is the Compound Interest Calculator free?
Yes — every calculator on Calcova is free and you can download the results to Excel.