Compound Interest Calculator
See how your money can grow with the power of compounding. Adjust the variables to match your financial goals.
Projected Future Value
$302,370.09
Total Contributions
$130,000.00
Total Interest Earned
$172,370.09
Growth Over Time
Understanding Your Results
The chart illustrates the powerful effect of compound interest. The "Total Contributions" line shows the money you put in, while the "Total Value" line shows the snowballing growth of your investment.
The magic is in the widening gap between these two lines—that's your money working for you. The longer your money is invested, the more dramatic this effect becomes. For a deeper dive, read our Ultimate Guide to Compound Interest.
Yearly Breakdown
| Year | Starting Balance | Contributions | Interest Earned | Ending Balance |
|---|---|---|---|---|
| 1 | $10,000.00 | $6,000.00 | $955.34 | $16,955.34 |
| 2 | $16,955.34 | $6,000.00 | $1,458.14 | $24,413.48 |
| 3 | $24,413.48 | $6,000.00 | $1,997.29 | $32,410.77 |
| 4 | $32,410.77 | $6,000.00 | $2,575.41 | $40,986.18 |
| 5 | $40,986.18 | $6,000.00 | $3,195.33 | $50,181.52 |
| 6 | $50,181.52 | $6,000.00 | $3,860.06 | $60,041.58 |
| 7 | $60,041.58 | $6,000.00 | $4,572.85 | $70,614.43 |
| 8 | $70,614.43 | $6,000.00 | $5,337.16 | $81,951.59 |
| 9 | $81,951.59 | $6,000.00 | $6,156.72 | $94,108.31 |
| 10 | $94,108.31 | $6,000.00 | $7,035.54 | $107,143.85 |
| 11 | $107,143.85 | $6,000.00 | $7,977.88 | $121,121.72 |
| 12 | $121,121.72 | $6,000.00 | $8,988.34 | $136,110.06 |
| 13 | $136,110.06 | $6,000.00 | $10,071.84 | $152,181.91 |
| 14 | $152,181.91 | $6,000.00 | $11,233.68 | $169,415.59 |
| 15 | $169,415.59 | $6,000.00 | $12,479.50 | $187,895.09 |
| 16 | $187,895.09 | $6,000.00 | $13,815.39 | $207,710.48 |
| 17 | $207,710.48 | $6,000.00 | $15,247.84 | $228,958.32 |
| 18 | $228,958.32 | $6,000.00 | $16,783.85 | $251,742.18 |
| 19 | $251,742.18 | $6,000.00 | $18,430.90 | $276,173.08 |
| 20 | $276,173.08 | $6,000.00 | $20,197.01 | $302,370.09 |