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📈 Savings

Compound Interest Calculator — Grow Your Savings

See how a starting deposit and monthly contributions grow with compound interest over time.

Total contributed

LKR 2,300,000

Interest earned

LKR 4,071,663

Future value

LKR 6,371,663

How this is calculated

Future value of principal: P × (1 + r)^n

Future value of contributions: PMT × ((1 + r)^n − 1) / r

Where r is the monthly interest rate and n is the number of months. Total future value is the sum of both.

Frequently asked questions

What is compound interest?

Interest earned on both your original principal and on accumulated interest from prior periods. It's how money grows exponentially over time.

Does this include monthly contributions?

Yes. You can set a monthly contribution and the calculator will grow it with the same compounding rate.

How can I maximise compounding?

Invest early, contribute regularly, keep expenses low, and don't withdraw. Even small differences in rate or time make a big difference over decades.

Is inflation considered?

No — the result is a nominal figure. To get 'real' purchasing power, use a rate that is your expected return minus expected inflation.

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Results are indicative estimates only. Actual rates, taxes and fees vary by institution and change over time. Confirm figures with your bank, employer or a qualified financial advisor before making decisions.