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Compound Interest Calculator

Compound Interest Calculator

Compound interest is the reason a modest monthly contribution can turn into a serious nest egg — but the numbers are hard to picture in your head.

Adjust your starting amount, monthly contributions, expected return, and timeline to see the curve. Great for explaining to a spouse why you're maxing the TFSA, or for checking whether your savings plan is ambitious enough. Includes a year-by-year breakdown.

$465K

Future Value

$160K

Total Invested

$305K

Interest Earned

Growth Over Time

Stacked bar chart showing contributions and interest growth over 25 years. Final balance $464,653.

Year 1 Year 25
Contributions Interest
Year-by-year breakdown
YearBalanceContributedInterest
1$17.0K$16.0K$955
2$24.4K$22.0K$2,413
3$32.4K$28.0K$4,411
4$41.0K$34.0K$6,986
5$50.2K$40.0K$10.2K
6$60.0K$46.0K$14.0K
7$70.6K$52.0K$18.6K
8$82.0K$58.0K$24.0K
9$94.1K$64.0K$30.1K
10$107K$70.0K$37.1K
11$121K$76.0K$45.1K
12$136K$82.0K$54.1K
13$152K$88.0K$64.2K
14$169K$94.0K$75.4K
15$188K$100K$87.9K
16$208K$106K$102K
17$229K$112K$117K
18$252K$118K$134K
19$276K$124K$152K
20$302K$130K$172K
21$330K$136K$194K
22$361K$142K$219K
23$393K$148K$245K
24$428K$154K$274K
25$465K$160K$305K

Swipe horizontally to see all columns

These calculators use hypothetical assumptions for illustration only — not a guarantee of future performance or personalized financial advice. Consult a qualified professional before making investment or tax decisions.