Enter the conditions

yen
/mo
%
years
Future value

Growth (year by year)

YearContributedGainValue

How to use the compound interest calculator, and how compounding works

"What does saving 30,000 yen a month at 5% for 20 years come to?" cannot be answered with simple multiplication, because interest earns interest. Enter an initial amount, a monthly contribution, an assumed return and a term, and this tool separates the future total into contributions and investment gains.

How to use it

Put a lump sum in the initial amount field, regular saving in the monthly contribution field — or use both together. The assumed return is an annual percentage, compounded once a year.

How far simple and compound interest diverge

Simple interest pays only on the principal; compound interest pays on the interest as well. One million yen at 5% for 30 years reaches 2.5 million with simple interest, but about 4.32 million compounded. The gap widens sharply with time, which is why compounding is described as putting time on your side.

The rule of 72

72 ÷ the annual rate gives a good estimate of the years needed to double your money: 24 years at 3%, 12 years at 6%, 9 years at 8%. Read backwards, doubling within 10 years needs about 7.2% a year — a quick sanity check before doing the real arithmetic.

Remember tax and inflation

The figures here are before tax. In Japan investment gains are normally taxed at about 20.315% (15% income tax, 0.315% special reconstruction tax and 5% resident tax). Tax-free schemes such as NISA exempt gains but cap annual contributions. And with 2% inflation, a nominal 5% return is about 3% in real terms — what matters is how much you can buy, not the headline number.

An assumed return is not a promised one

The projection assumes your chosen rate repeats exactly every year. Real markets move both ways and can lose money. Treat the output as a planning guide. For the borrowing side, see the loan calculator.

Frequently asked questions

What is compound interest vs simple interest?
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Compound interest earns interest on interest, so over long periods it grows more than simple interest, which earns only on the principal.

This tool compounds monthly.
How is the future value calculated?
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With monthly rate = annual / 12, the initial amount compounds monthly and each monthly contribution is added at month end.

At 0% it equals the total contributions.
Does the contribution timing change the result?
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Yes. This tool assumes contributions at month end; contributing at the start of the month grows slightly more.

Use it as a guide.
Are taxes and fees included?
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No. Taxes on gains and fees such as expense ratios are not included.

It assumes a constant rate, and real returns vary.
Are my inputs stored?
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No. All calculation happens in your browser, and the values you enter are never sent to or stored on a server.
Formulas and sources
・Future value = initial × (1+i)ⁿ + monthly × ((1+i)ⁿ − 1) ÷ i (i = monthly rate = annual ÷ 12, n = months = years × 12, end-of-period contributions)
・At 0%: initial + monthly × n. Total contributions = initial + monthly × n; gain = future value − contributions.
・An estimate assuming a constant rate and no taxes or fees, based on the standard future-value and annuity formulas.
・Rule of 72: years to double ≒ 72 ÷ annual rate(%) — a rule of thumb for quick estimates
・Income Tax Act, Local Tax Act and the Special Measures Act for securing reconstruction funding (Japan): gains and dividends on listed shares are taxed at 20.315% in total (15% income, 0.315% reconstruction, 5% resident). Figures here are pre-tax.
・Act on Special Measures Concerning Taxation (NISA): gains within a tax-exempt account are untaxed, subject to an annual contribution cap.
・Real return ≒ nominal return − inflation rate
Please note
This site does not represent any financial institution and does not solicit any product or provide investment advice. The result does not guarantee future returns. Real investments fluctuate and may lose principal, and taxes and fees apply. Make investment decisions at your own responsibility.

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