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Compound interest calculator

Start with any balance, add a monthly contribution, pick a rate — and watch what time does to money. This is the math behind every savings account and retirement plan.

Projected balance

Total contributed
Growth earned
Final balance
At 10 years

Assumes monthly compounding and a constant return. Real returns vary year to year, and investing involves risk of loss. Doesn't account for taxes, fees, or inflation.

The one thing to notice

Run the same numbers at 10 vs. 20 vs. 30 years. The growth isn't linear — it accelerates, because each year's earnings start earning their own returns. That's why starting earlier usually matters more than starting bigger.

Picking a realistic rate

For money in a high-yield savings account, use the APY your bank actually pays today. For long-term investing, historical U.S. stock-market averages are often cited around 7–10% annually before inflation — but past performance doesn't guarantee future results, and any single decade can look very different.

Estimates only. This calculator uses simplified math and the numbers you enter. Real-world loans and accounts can include fees, compounding differences, rate changes, taxes, and lender-specific rules that this tool doesn't capture. Results are for education — not financial advice and not a quote or offer. Verify any decision with your own statements, your lender or bank, or a qualified professional.

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