Compound Interest Calculator

The Compound Interest Calculator found on Calcify shows how the compound interest adds to your balance while also earning interest over time allows the user insight into the overall growth over time. You will input the principal amount, contribution, percent of interest, and frequency of compounding which will track the future value; a strong method for visualization of longer-term growth.

As a hypothetical example, if you were to invest ₹1,00,000 at a 10% annual return with a contribution of ₹5,000 every month, the calculator shows cumulative growth amounts for your total over 5, 10, or 15 years while taking compounding into account. This method of calculating future monetary value is useful for retirement funds, wealth building, and comparing saving vs investing. You can utilize this Compound Interest Calculator to visualize the benefit of starting early, and then try the other finance tools on Calcify to move to the next step.