Compound Interest Calculator

According to Einstein, “He who understands it, earns it. He who doesn’t, pays it,”

Try out our compound interest calculator below to find out how your money can be earning for you over time. Many of your financial deals rely on this equation including how your mortgage and pension is calculated.

Here’s how it works:

• Starting amount – this is the amount in £’s that you invest and that will grow over time.
• Average Interest Rate – this is the average interest rate you will be earning over the time period.
• Number of Times Interest Compounded Per Year – interest can sometimes be calculated monthly or annually. Enter 12 for monthly, 4 for quarterly and 1 for annually
• Time in Years Invested – enter the number of years your money will be invested for to calculate how much interest will be earned.

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