How do I use the compound interest calculator?
- Enter what you have saved today.
- Enter how much you will add each month and the expected yearly return.
- Choose the number of years and read the growth.
Compound interest calculator: frequently asked questions
What is compound interest?
Earning returns on your past returns as well as on the money you put in, so growth accelerates over time.
What return should I assume?
Use a cautious figure that matches the product: bank deposits pay less than diversified investments, which can also fall.
Does it include fees or inflation?
No. Subtract fees from the return, and remember inflation reduces what the money will buy.
Monthly or yearly compounding?
This calculator compounds monthly, matching monthly contributions.
What is the rule of 72?
Divide 72 by the yearly return to estimate how many years it takes to double: at 6%, about 12 years.
Is this financial advice?
No. It is an illustration. Speak to a licensed adviser before investing.
Can I plan for a goal instead?
Yes, use our savings goal calculator to find the monthly amount you need.
Are returns taxed in the UAE?
There is no personal income tax in the UAE, but investments held abroad may be taxed in other countries.
Are these calculations based on UAE rules?
Where a UAE rule applies (VAT, labour law, mortgage limits) the tool follows it and names the source. Rules change, so confirm important figures with the relevant authority.
Is the compound interest calculator free?
Yes. It is free with no sign-up and no usage limits for normal use.