Compound Interest Calculator

Apply the compound interest formula using the rate, how often it compounds, and the number of years.

Compound Interest Calculator

Apply the compound interest formula using the rate, how often it compounds, and the number of years.

Method and assumptions

Figur applies standard payment, interest, or projection formulas to the values you enter. The calculation runs entirely in your browser.

  • Rates and contributions stay constant for the period unless the calculator says otherwise.
  • Taxes, insurance, fees, penalties, and lender-specific terms are excluded unless a field explicitly includes them.
  • Results are rounded estimates; a financial institution may use different rounding rules or payment dates.

This tool is for general information, not financial, tax, legal, or investment advice. Confirm important figures with the relevant institution or a qualified professional.

Sources and references

Frequently asked questions

Does compounding frequency matter?

Yes, though the gains from more frequent compounding shrink quickly.

Is this simple or compound?

Compound. Interest earns interest each period.