Simple vs Compound Interest Calculator

The Simple vs Compound Interest Calculator helps you compare how interest is calculated and how it affects your savings or investments over time. It clearly shows the difference between earning interest only on your principal versus earning interest on both your principal and accumulated interest.

Simple interest is calculated only on the original amount invested or borrowed, while compound interest grows exponentially by adding interest on top of interest. This tool demonstrates why compound interest is often referred to as “interest on interest.”

Whether you are saving money, investing for the long term, or comparing loan options, this calculator provides a clear and visual way to understand how compounding frequency and time impact financial growth.

What this calculator helps you with

• Compare simple interest vs compound interest returns
• Understand the long-term impact of compounding
• Estimate future value of savings or investments
• Visualize interest growth over time
• Make smarter saving and investment decisions

This calculator is for educational and planning purposes only. Actual investment returns may vary based on market conditions and fees.