Finance calculator

Free investment calculator

Project investment portfolio growth — enter starting amount, monthly contribution, expected annual return, and horizon to see future value, updated live, as you type.

InputsLive
Compounding
Initial principal
$
Monthly contribution
$/mo
Annual interest rate
%
Years
yrs
Result
Future value
$37,405
Interest: $15,405 · Invested: $22,000
Future value$37,405
Interest earned$15,405
Total invested$22,000
Growth factor1.7×

Hypothetical projection. Excludes taxes, inflation, and fees. Actual investment returns vary.

Results are estimates. Consult a professional.

How it's calculated

How the investment calculator works

An investment calculator projects the future value of a lump-sum deposit using compound interest. Enter your initial amount, expected annual return, and time horizon — the calculator applies the compound growth formula to show your estimated ending balance.

FV = PV × (1 + r)ⁿ
where: FV = future value
PV = present value (initial investment)
r = annual return rate as a decimal (e.g., 8% → 0.08)
n = number of years
Compound interest fundamentals — InvestopediaCompound interest investor education — SEC Investor.gov
Example

Worked example: $10,000 at 8% for 10 years

Example: $10,000 invested at 8% annual return for 10 years

You invest $10,000 today in a diversified index fund earning an average annual return of 8%. You leave the money untouched for 10 years. What is your ending balance?

FV = $10,000 × (1 + 0.08)¹⁰
FV = $10,000 × (1.08)¹⁰
FV = $10,000 × 2.1589
FV = $21,589
$21,589
Your $10,000 more than doubles to $21,589 — $11,589 in gains from compounding alone, without adding a single extra dollar.
Quick reference

Growth of lump-sum investments over 10 years

The table below shows projected ending balances for three common starting amounts at annual returns of 6%, 8%, and 10% over a 10-year period. All figures assume annual compounding and no withdrawals.

Starting Amount6% / yr8% / yr10% / yr
$5,000$8,954$10,795$12,969
$10,000$17,908$21,589$25,937
$25,000$44,771$53,973$64,844

Source: FV = PV × (1 + r)¹⁰; rounded to nearest dollar.

Practical tips

Tips for growing your investment

Getting the inputs right makes your projection far more useful. Here are five evidence-based tips for investors at any stage.

  • Be conservative with return assumptions — the long-run U.S. equity real return averages ~7%; projections using 10%+ can produce unrealistically optimistic results.
  • Reinvest dividends automatically — dividends historically account for roughly 40% of total equity returns; opting out of DRIP leaves significant compounding on the table.
  • Minimize fees relentlessly — a 1% annual expense ratio can reduce a 30-year portfolio by more than 25%; low-cost index funds compound the difference back to you.
  • Match time horizon to risk tolerance — higher expected returns come with higher volatility; if your horizon is under five years, prioritize capital preservation over growth.
  • Max out tax-advantaged accounts first — investing inside a 401(k) or IRA defers or eliminates taxes on gains, effectively boosting your real return rate.
Accuracy & limits

Accuracy and limitations

This calculator assumes a fixed annual return rate and does not account for year-to-year market volatility, inflation, management fees, taxes on gains, or contribution changes. Real portfolios experience variable returns; actual outcomes will differ from any projection. The result is a mathematical estimate based solely on the inputs provided.

For multi-decade projections, run the calculation at two or three different return assumptions (e.g., 5%, 7%, 9%) to build a range of scenarios rather than relying on a single optimistic number.

Not financial advice — consult a financial professional for your specific situation.

Glossary

Key terms

The current dollar amount being invested today — your starting principal before any growth.
The projected value of your investment at the end of the time horizon, including compounded growth.
Expected percentage gain per year. Expressed as a decimal in the formula — e.g., 8% becomes 0.08.
Interest earned on both the original principal and all previously accumulated interest, accelerating growth over time.
The number of years your money remains invested before you withdraw it.
Nominal return is the stated percentage; real return subtracts inflation to show actual purchasing-power gain.
A quick mental shortcut: divide 72 by the annual return rate to estimate how many years it takes to double your money (e.g., 72 ÷ 8% ≈ 9 years).
About

About this calculator

Part of our finance calculators suite — explore all calculators.

Questions

Frequently asked questions about the free investment calculator

An investment calculator is a free online tool that helps you project investment growth with initial principal and monthly contributions. Same engine as compound interest — for investment planning. It runs entirely in your browser with instant results and no sign-up.
No — actual loan terms depend on credit, income docs, and lender underwriting. Use this for planning and what-if scenarios; get a real Loan Estimate before making decisions.
When the calculator asks for them. PITI calculations include property tax, insurance, and PMI; raw P&I calculations don't.
Lenders round payment amounts and may include escrow buffers. Property tax and insurance change over time. Real payments vary 1-5% from these estimates.

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