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Compound Interest Calculator

Math

Compute future value from principal, annual rate, compounding frequency, and an optional recurring contribution, with a year-by-year breakdown

Enter a principal, an annual interest rate, a compounding frequency, and a term in years to see the future value under compound interest, using the standard formula savings accounts, CDs, and investment projections all rely on. Add an optional recurring contribution made at the end of each compounding period to model a savings plan rather than a single lump sum, and the future value of that contribution schedule is combined with the principal's own growth using the ordinary-annuity formula. A year-by-year breakdown shows the running balance, cumulative contributions, and cumulative interest so you can see how the growth compounds over the full term, not just the final number. Everything is computed from the formula you supply, not a live rate feed, and nothing is sent anywhere in the browser tool.

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How to use Compound Interest Calculator

  • 1.Enter a principal, annual interest rate, term in years, and compounding frequency (annually, quarterly, monthly, or daily) to get the future value.
  • 2.Add an optional contribution per compounding period to model regular deposits alongside the principal's own growth.
  • 3.Expand the year-by-year breakdown to see the running balance, contributions, and interest at the end of each year.

Frequently asked questions

Does this account for taxes or account-specific rules like contribution limits?
No. It computes the standard compound-interest and ordinary-annuity formulas over the numbers you supply, the same core math behind a savings or investment projection before any tax treatment or account-specific rules are layered on top.
When is a contribution added relative to the compounding period?
Contributions are treated as made at the end of each compounding period (an ordinary annuity), which is the standard convention most compound-interest calculators use.
Can I use this with a principal of zero?
Yes, a zero principal with a recurring contribution models a pure savings plan; the tool only errors if both principal and contribution are zero, since there would be nothing to grow.
Is my data sent anywhere?
No, the browser tool computes everything client-side. The REST API and SDKs process whatever numbers you send them, same as any other API call.

Use via API, SDK, or MCP

cURL# Free: 1,000 req/day · Pro: 10,000 req/day
curl -X POST https://api.utilix.tech/v1/tools/compound-interest-calculator \
  -H "Authorization: Bearer utx_live_..." \
  -H "Content-Type: application/json" \
  -d '{"principal":1000,"annualRatePercent":5,"years":10,"compoundsPerYear":1,"contributionPerPeriod":0}'

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