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Free compound interest calculator to find the interest, final balance, and schedule using either a fixed initial investment and/or periodic contributions.
This calculator computes the simple interest and end balance of a savings or investment account. It also calculates the other parameters of the simple interest formula.
Use the free interest calculator to determine how much interest your savings account can earn over time. The higher your interest rate, the more your money grows.
Use our free compound interest calculator to evaluate how your savings or investments might grow over time, with or without regular contributions. Our tool helps you see how compound interest can increase the value of your money as you plan for the future.
Determine how much your money can grow using the power of compound interest.
Compounding interest calculator: Here's how to use NerdWallet’s calculator to determine how much your money can grow with compound interest.
Compound interest calculator finds interest earned on savings or paid on a loan with the compound interest formula A=P (1 + r/n)^nt. Calculate interest, principal, rate, time and total investment value.