📈 Compound Interest Calculator

Calculate Compound Interest

About Compound Interest Calculator

Compound Interest Calculator by Toolvala helps you calculate the future value of your investments by applying compound interest formula. It is useful for calculating returns on fixed deposits (FD), savings accounts, mutual funds, SIPs, and long-term investments.

Formula Used

A = P (1 + r/n)^nt

Where:
P = Principal amount
r = Annual interest rate
n = Compounding frequency
t = Time in years

Use Cases

• Investment planning
• Savings growth estimation
• FD and RD calculations
• Student finance learning
• Long-term wealth planning

Frequently Asked Questions (FAQ)

1. What is compound interest?

Compound interest is interest calculated on the initial principal and also on the accumulated interest over previous periods.

2. Is this compound interest calculator free?

Yes, it is completely free and requires no registration.

3. Can I calculate monthly compound interest?

Yes, select "Monthly" compounding frequency to calculate monthly compound interest.

4. Is this calculator accurate?

Yes, it uses the standard compound interest formula used by banks and financial institutions.

5. Can I use this for SIP or mutual funds?

This calculator is suitable for lump-sum investments. For SIPs, a dedicated SIP calculator is recommended.

Use Toolvala Compound Interest Calculator to plan your investments smartly and grow your wealth.