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A single amount grows as principal × (1 + annual return) raised to the number of years — standard annual compounding. Unlike a SIP, nothing is added along the way, so the whole sum earns for the full term.
A steady annual return is applied every year. Actual asset returns vary, so treat the future value as one scenario. Run a few rates to see the range rather than trusting a single figure.
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Monthly EMI, total interest, and total payment from principal, rate, and tenure.
Monthly EMI, total interest, and total payment from principal, rate, and tenure.
Monthly EMI, total interest, and total payment from principal, rate, and tenure.
Monthly EMI, total interest, and total payment from principal, rate, and tenure.
Future value of a monthly SIP at an assumed annual return.