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Compound Interest Calculator

See how a portfolio grows over time with regular contributions and compounding returns.

Inputs

$
%
$
$302,370
after 20 years
$130,000
Principal + contributions
$172,370
Growth from compounding

Contributions vs. interest

Year-by-year

YearContributionsInterestBalance
1$16,000$955$16,955
2$22,000$2,413$24,413
3$28,000$4,411$32,411
4$34,000$6,986$40,986
5$40,000$10,182$50,182
6$46,000$14,042$60,042
7$52,000$18,614$70,614
8$58,000$23,952$81,952
9$64,000$30,108$94,108
10$70,000$37,144$107,144
11$76,000$45,122$121,122
12$82,000$54,110$136,110
13$88,000$64,182$152,182
14$94,000$75,416$169,416
15$100,000$87,895$187,895
16$106,000$101,710$207,710
17$112,000$116,958$228,958
18$118,000$133,742$251,742
19$124,000$152,173$276,173
20$130,000$172,370$302,370

How this works

Compound interest is interest that earns interest. Each period, your return is applied to the entire balance — including the interest you've already earned. Over decades, this is what turns small contributions into meaningful wealth.

Compounding frequency matters at the margins. Daily compounding gives a slightly higher result than annual at the same nominal rate, but the difference is usually small. What dominates the final number is time and contribution discipline.

Inflation erodes purchasing power. A 7% nominal return at 3% inflation is about 3.9% real — what you can actually buy with the money. Toggle the inflation adjustment on to see both numbers side-by-side.

Formula: for each period, balance = (balance + contribution) × (1 + rate / periods). Repeated over years. The chart and table simulate this step-by-step rather than using a closed-form formula, so you can see exactly how each year builds on the last.

Educational use only — not financial advice
This calculator illustrates the mathematics of compounding. It does not predict actual investment returns. Real returns vary with market conditions, fees, taxes, and behavior, and can be negative. Past performance does not guarantee future results. Consult a qualified financial professional before making investment decisions.