Monthly compound interest calculator

Interest added once a month.

$
5%

Ending balance

$12,834

Interest earned

$2,834

Monthly rate
0.417%
Growth multiple
1.28x

How this is calculated

  • · Estimates only — figures are simplified and ignore local rules and fees.
  • · Nothing you enter leaves your device.

Estimates only — not financial, tax or legal advice.

Related calculators