FREE ONLINE CALCULATOR
Project how a starting balance and regular monthly deposits might grow through compounding over time.
This calculator compounds monthly using the annual interest rate divided by 12. Choose deposits at the beginning or end of each month; beginning deposits earn one additional month of growth. Fractional-year terms round to the nearest whole month. Compare saving amounts, time horizons and rates, including negative-rate scenarios. Fees, taxes and inflation are excluded. Results are projections, not guaranteed returns.
With a starting balance of 1,000, monthly deposits of 100 and 0% growth, the balance after one year is 2,200 with either deposit timing.
It is growth earned on both the original balance and earlier accumulated growth.
It uses monthly compounding and monthly deposits.
Choose beginning or end of month. Beginning is the default and includes growth on each new deposit during that month. End-of-month deposits begin earning growth in the following month.
No. The result is only a projection based on the rate you enter.