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Compound Interest Calculator

Work out how much your money grows with compound interest. Enter a starting amount, an annual rate and how long you invest, then choose how often interest compounds — daily, monthly, quarterly or yearly. Add an optional regular contribution to model a savings plan, and see your future value, total interest and a full year-by-year growth table. Everything is calculated instantly in your browser, with no sign-up.

฿
%

The yearly rate before compounding, e.g. 3 for a 3% p.a. deposit.

years

How long the money stays invested (up to 100 years).

฿

An amount you add every period. Leave blank for a lump sum only.

When are contributions added?

Your results will appear here

Enter a starting amount and a period to see your compound growth.

How to use

  1. Enter your starting amount (principal) and the annual interest rate.
  2. Set the investment period in years and pick the compounding frequency.
  3. Optionally add a regular contribution and choose how often you pay it in.
  4. Tick the 15% withholding tax option to see interest after Thai deposit tax.
  5. Read the future value, total interest and year-by-year table, then copy or download the results.

Features

  • Daily, monthly, quarterly or yearly compounding
  • Optional regular contributions at the start or end of each period
  • Future value, total invested, interest earned and effective annual rate (EAR)
  • Year-by-year growth table you can download as CSV
  • Compounding-frequency comparison so you can see the effect of each interval
  • 15% Thai withholding tax option with the ฿20,000 savings exemption note

Frequently asked questions

How is compound interest calculated?
Compound interest grows on both your principal and the interest already earned. The future value is P × (1 + r/n)^(n·t), where P is the principal, r the annual rate, n the number of compounding periods per year and t the number of years. This tool also adds any regular contributions.
What compounding frequency should I use?
Use the frequency your bank or fund states. Thai savings accounts usually credit interest twice a year, while many deposits compound daily or monthly. More frequent compounding earns slightly more; the comparison table shows the difference for your figures.
Is bank interest in Thailand taxed?
Yes. Banks withhold 15% tax on deposit interest. Interest on an ordinary personal savings account is exempt if your total savings interest stays under ฿20,000 in the year. Tick the tax option to estimate your interest after 15% withholding.
What is the effective annual rate (EAR)?
The effective annual rate is the true yearly return once compounding is included, calculated as (1 + r/n)^n − 1. A 6% rate compounded monthly gives an EAR of about 6.17%, which is higher than the stated 6% because interest earns interest.
Can I model monthly savings contributions?
Yes. Enter a regular contribution and set its frequency to monthly, quarterly, yearly or daily. Choose whether you pay at the start or end of each period, and the calculator adds those deposits to the compound growth and the year-by-year table.