See how your money grows when interest earns interest.
| Year | Deposits | Interest | Balance |
|---|---|---|---|
| 1 | 100,000.00 | 10,471.31 | 110,471.31 |
| 2 | 100,000.00 | 22,039.10 | 122,039.10 |
| 3 | 100,000.00 | 34,818.18 | 134,818.18 |
| 4 | 100,000.00 | 48,935.41 | 148,935.41 |
| 5 | 100,000.00 | 64,530.89 | 164,530.89 |
| 6 | 100,000.00 | 81,759.43 | 181,759.43 |
| 7 | 100,000.00 | 100,792.02 | 200,792.02 |
| 8 | 100,000.00 | 121,817.56 | 221,817.56 |
| 9 | 100,000.00 | 145,044.76 | 245,044.76 |
| 10 | 100,000.00 | 170,704.15 | 270,704.15 |
Added at the end of each month.
The result assumes a fixed rate and no fees, tax or inflation. Real returns vary. This is not financial advice.
The starting amount, and how much you add each month.
The yearly interest rate, the number of years and how often interest is added.
See the final balance, the interest earned and a table for every year.
Interest that is added to your balance, so that the next interest is earned on the interest as well. It makes savings grow faster than simple interest.
Each month the balance grows by the monthly share of the interest rate, then your deposit is added at the end of the month.
A little. Monthly compounding gives slightly more than yearly at the same rate, and daily slightly more again.
No. It assumes a fixed rate. This calculator gives estimates only and is not financial advice.