Compound Interest Calculator Canada 2025

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Tax Deadline: April 30, 2026

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Monthly or annual compounding • Includes regular contributions • Year-by-year breakdown

Compound interest is the most powerful force in personal finance. See how your initial investment and regular contributions can grow dramatically over time through compounding returns.

Compound Interest Calculator

Initial Investment ($)

Monthly Contribution ($)

Annual Return Rate (%)

Investment Period (years)

Compounding Frequency

The Power of Compound Interest

Compounding means earning returns on your returns. A $100 investment growing at 7% annually doubles roughly every 10 years. With monthly contributions, growth accelerates significantly.

Realistic Canadian Return Rates

High-interest savings account (HISA): 3.5%–5%
GIC (5-year): 3%–4.5%
Canadian bond index: 3%–5%
Canadian equity index (S&P/TSX): 6%–8% historical average
Balanced portfolio (60/40): 5%–7%

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