Simple & Compound Interest
Compare simple and compound interest for any principal, rate and tenure, with monthly, quarterly or yearly compounding.
- Free, no limits
- Runs in your browser
- No sign-up
Loading tool…
How to use the Simple & Compound Interest
- Enter principal, rate and years.
- Pick the compounding frequency.
- Compare totals and the year-by-year table.
Frequently asked questions
What is the formula?
SI = P×R×T. Compound amount = P×(1+R/n)^(n×T).
Which compounding do banks use?
Most Indian bank FDs compound quarterly.
Is it accurate for loans?
For loan EMIs use the EMI calculator instead.
Related tools
FD & RD CalculatorCalculate fixed deposit and recurring deposit maturity value and interest with…SIP CalculatorEstimate the future value of a monthly SIP with expected return, optional yearly…EMI / Loan CalculatorCalculate monthly EMI, total interest and total payment for any loan with a yearly…Unit ConverterConvert length, weight, temperature, area (incl. cents, acres, sq ft), volume, speed…GST Calculator (India)Add GST to a price or extract GST from an inclusive amount at 5%, 12%, 18%, 28% or…Age CalculatorFind exact age from date of birth in years, months and days, total days and weeks, and…