## Simulation of investment $1 000 at 5% over 60 months

See how much you may gain if you invest $1 000 at 5% over 60 months period.

Initial equity: | $1 000 |

Sum of payments: | $24 000 |

Interest rate: | 5% |

Investment duration: | 60 months |

Final equity: | $28 512 |

Interest: | $3 512 |

### Compound Interest Table

Period | Invested equity | Interest | Final equity |
---|---|---|---|

1 year | $5 800 | $179 | $5 945 |

2 year | $10 600 | $607 | $11 092 |

3 year | $15 400 | $1 296 | $16 450 |

4 year | $20 200 | $2 260 | $22 031 |

5 year | $25 000 | $3 512 | $27 845 |

$25 000 | $3 512 | $28 512 |

An investment of $1 000 at 5% interest rate with monthly payment $400 over 60 months will bring you $3 512 in return. The final equity will be $28 512.

### Alternative simulations

#### Higher interest rate

See how much you could gain if interest rate were higher.

- Monthly deposit of 400 for 5 years at 5.5% per year with an initial starting balance of 1000
- Monthly deposit of 400 for 5 years at 6% per year with an initial starting balance of 1000

#### Longer time of investment

See how much you could gain if time of investment were longer.

- Monthly deposit of 400 for 6 years at 5% per year with an initial starting balance of 1000
- Monthly deposit of 400 for 7 years at 5% per year with an initial starting balance of 1000

#### Bigger initial balance

See how much you could gain if initial balance were higher.