Compound Interest Calculator
Project the future value of savings or an investment when interest compounds over time, with optional regular contributions.
What it computes
Given:
- Initial principal (your starting balance)
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- Annual interest rate (% per year)
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- Investment period — in days, weeks, months, or years
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- Compounding frequency — daily, weekly, monthly, quarterly, semi-annually, or annually
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Optional regular contributions at your chosen cadence
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…MYkira computes the final balance, total contributions made, and profit (interest earned), and shows a year-by-year (or period-by-period) chart of growth.
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Why short-term periods matter for Malaysians
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Malaysian fixed deposits often have promotional rates for tenures shorter than a year. Tabung Haji and unit trust top-ups happen monthly. Bank Rakyat and short-term fixed deposit specials are typically 1–6 months. The Days/Weeks/Months/Years toggle on MYkira lets you model any of these directly, instead of forcing everything into whole years.
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Example
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Scenario: RM 10,000 initial principal, 6.0% annual interest, 10-year horizon, monthly compounding, RM 500 monthly contributions.
- MYkira output:
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- Final balance: ~RM 100,560
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- Total contributed (principal + monthly): RM 70,000
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Profit (interest earned): ~RM 30,560
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The exact figure varies depending on compounding frequency. MYkira applies the textbook fractional-period formula, so partial periods at the end of your investment horizon settle correctly.
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Free vs Premium
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This calculator is free in MYkira. No paywall.
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Privacy
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All inputs and computed results stay on your device. MYkira does not transmit, log, or share any of the numbers you enter.
- Read the full Privacy Policy →
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