calculate-interest.netSimulation of investment $1 000 at 6% over 60 months
See how much you may gain if you invest $1 000 at 6% over 60 months period.
| Initial equity: | $1 000 |
| Sum of payments: | $30 000 |
| Interest rate: | 6% |
| Investment duration: | 60 months |
| Final equity: | $36 250 |
| Interest: | $5 250 |
Compound Interest Table
| Period | Invested equity | Interest | Final equity |
|---|---|---|---|
| 1 year | $7 000 | $253 | $7 205 |
| 2 year | $13 000 | $882 | $13 714 |
| 3 year | $19 000 | $1 908 | $20 545 |
| 4 year | $25 000 | $3 356 | $27 718 |
| 5 year | $31 000 | $5 250 | $35 253 |
| $31 000 | $5 250 | $36 250 |
An investment of $1 000 at 6% interest rate with monthly payment $500 over 60 months will bring you $5 250 in return. The final equity will be $36 250.
Alternative simulations
Higher interest rate
See how much you could gain if interest rate were higher.
- Monthly deposit of 500 for 5 years at 6.6% per year with an initial starting balance of 1000
- Monthly deposit of 500 for 5 years at 7.2% 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 500 for 6 years at 6% per year with an initial starting balance of 1000
- Monthly deposit of 500 for 7 years at 6% per year with an initial starting balance of 1000
Bigger initial balance
See how much you could gain if initial balance were higher.