Compound Interest Calculator -

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About this app

Compound Interest Calculator (aka FIRE Calculator) is a tool to help you calculate and plan out your investment so that you may achieve Financial Independence and Retire Early. It is never too late to start snowballing your money.

But what is Compound Interest? Compound interest is the interest you earn on interest. It is the result of reinvesting interest, rather than paying it out, so that interest in the next period is then earned on the principal sum plus previously accumulated interest.

For example, if you put $50 in your savings account every month, and this savings yields 10% annually. After 30 years, you will have invested $18,000. How much money do you think you will get? $30,000? $50,000? Nope! You will end up with a huge sum of $113,024 (more than 6 times the amount you had put down).

Compound Interest Calculator allows you to calculate and plan out both long term and short term savings. Just imagine how wealthy you can be if you start right now.

Features included:
- Calculate future value of your investment using compound interest formula
- Multiple options for contribution frequency (monthly, quarterly, semiannually, annually)
- Display graph and table view right under result
- Formulas included in case you forgot
- Save results and share with friends
- Dark Mode / Light Mode

Ratings and reviews

Cool update, but the app is pretty slow now, at least on my phone 🤔 Btw there is a bug where if you press the bookmark button in the top left, then decide to go back to your calculation by pressing the "back" button in the top left, it resets your calculation anyway

I love this app but I just switched phones and I can't load it on my new phone. It says it's loaded on my old phone and will not open. Can you fix this

This is the best compound interest calculator l have ever used; I tried several others but l believe this is the best. Download it now!

What’s new

Added contribution and profit on each year.
Improved compound frequency dropdown.
Included a few tips on how to use the app.