Compound Interest Calculator

See how your money grows with compound interest over time.

β‚Ή1,00,000
Principal
β‚Ή48,595
Interest earned
β‚Ή1,48,595
Maturity value

Results are estimates for information only, not financial advice. See how we build and verify our calculators.

Calculate how an investment grows with compound interest. Enter your principal, annual rate, time and compounding frequency (annually, quarterly, monthly) to see the maturity value and total interest earned.

How to use the Compound Interest Calculator

  1. Enter principal, rate and time.
  2. Choose how often interest compounds.
  3. Read the maturity value and interest earned.

Frequently asked questions

What is the compound interest formula?

A = P(1 + r/n)^(nt), where P is principal, r is the annual rate (decimal), n is compounding periods per year, and t is years. Interest = A βˆ’ P.

Does more frequent compounding earn more?

Yes β€” monthly compounding earns slightly more than annual at the same rate, because interest starts earning interest sooner.