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Compound Interest Calculator

See what regular contributions and compounding actually produce, year by year, split into what came from your initial deposit, your contributions, and interest.

Final balance
$300,850.72
Contributed
$130,000.00
Interest
$170,850.72
Effective rate
7.229%

Money in

The starting lump and the recurring deposit

The contribution is added once per compounding period, at the end of that period. With daily compounding that is 365 deposits a year, not 12 — change the frequency if you only intend a monthly deposit.

Terms

Rate, horizon and how often interest is added

12 compounding periods a year — the usual default.

Periods simulated
240
Rate per period
0.58333%
Doubles in
9.93 years

Growth by year

Each bar is the whole balance at that year, split into where it came from

from initial principal from contributions interest earned
Year 0Year 20

Peak shown $300,850.72 — year 20.

Final balance

After 240 compounding periods

$300,850.72

You put in

Initial principal plus every contribution

$130,000.00

43.2% of the final balance

Interest earned

The compounding working for you

$170,850.72

131.4% return on money you paid in

Where the final balance came from

Principal and interest growth are attributed proportionally as interest accrues

  • Initial principal, grown$40,387.39
  • Contributions, grown$260,463.33
  • Interest on top$0.00

Rate check

Nominal against the rate you actually earn

Nominal annual rate
7.000%
Effective annual rate (EAR)
7.229%
Compounding gain from frequency
+0.229 pts
Doubling time (exact)
9.93 years
Doubling time (rule of 70)
10.00 years

EAR is (1 + r/n)ⁿ − 1. It is the number that belongs in an APR comparison, and the one your bank must quote. The rule of 70 is a rough shortcut; the exact figure above uses ln 2 / ln(1 + EAR).

Year-by-year

Sampled from the same simulation that drew the chart

YearBalanceFrom initialFrom contributionsInterestPaid in so far
116.9k10.7k6.2k016.0k
224.3k11.5k12.8k022.0k
332.3k12.3k20.0k028.0k
440.8k13.2k27.6k034.0k
550.0k14.2k35.8k040.0k
659.8k15.2k44.6k046.0k
770.3k16.3k54.0k052.0k
881.6k17.5k64.1k058.0k
993.7k18.7k74.9k064.0k
10106.6k20.1k86.5k070.0k
11120.5k21.5k99.0k076.0k
12135.5k23.1k112.3k082.0k
13151.4k24.8k126.7k088.0k
14168.6k26.6k142.0k094.0k
15187.0k28.5k158.5k0100.0k
16206.7k30.5k176.1k0106.0k
17227.8k32.8k195.1k0112.0k
18250.5k35.1k215.4k0118.0k
19274.8k37.7k237.1k0124.0k
20300.9k40.4k260.5k0130.0k

Assumes a constant rate and constant contributions, no fees, no tax, and no inflation. Real returns vary year to year, and this is a projection, not advice.