Home & Property
Compound Interest Calculator
Project the future value of savings or investments with compound growth and recurring contributions.
Future balance
$144,572.72
A = P(1 + r/n)^(nt) + contributions
- Total contributed
- $58,000.00
- Interest earned
- $86,572.72
CalculateWise provides estimates for informational purposes only and is not financial, tax, legal, lending or investment advice.
How to use the Compound Interest Calculator
- Enter the starting principal.
- Add a monthly contribution and annual return.
- Choose years and compounding frequency.
How it works
Principal compounds at the chosen frequency, and contributions grow with the same compounding schedule.
Formula
A = P(1 + r/n)^(nt) + PMT × ((1 + r/n)^(nt) − 1) ÷ (r/n)
Example
$10,000 plus $200/month at 7% annual return for 20 years grows to roughly $128,000.
Common uses
- Retirement savings
- Investment planning
- Long-term goals