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Compounder

Compounder

Interest Calculator

3.4K ratings
57 reviews
📊 Productivity
💰 Finance
Free

Details

  • Released
  • Updated
  • July 31, 2018
  • October 31, 2024

Features

Developer

James Bevins
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Compounder screenshot #1 for iPhone
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Compounder screenshot #3 for iPhone
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Reviews summary↘︎
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❓5 answered
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About

Calculate the growth of savings and investments using compound interest. Explore how regular contributions and withdrawals impact your financial goals over time. Designed for anyone to understand and utilize the power of compounding for wealth building.

✓Calculate compound interest
✓Flexible settings
✓Factor in periodic withdrawals
✓Factor in additional contributions
✓Easy-to-use interface
Show original description

What users say

Summarized from real user reviews of Compounder. Based on 3.4K reviews and a 4.8/5 average, it highlights the 7 positives and 7 negatives reviewers mention most about this Finance app.

Positive things

  • 👍Easy to use
  • 🚀Instant results
  • 💡Helps explain investments
  • 🚀Simple and easy to use
  • 👍Best and easiest compound calculator
  • 👍Go-to app for compound calculations
  • 🚀Makes calculating retirement simple

Negative things

  • 🐛Glitchy and not user-friendly after update
  • 🐛Can't use quarterly, monthly, or weekly buttons after update
  • 🐛New version not working well on iPhone
  • 🐛Can't click off of monthly to quarterly, yearly, or weekly
  • 🐛Compound frequency stuck on monthly after update
  • 🐛App crashes after update
  • 🐛Ads running across the top of the screen
See all reviews

What's New in Compounder

2.0

October 31, 2024

Thank you all for the incredible support since Compounder’s initial release! I’m thrilled to announce our first major update in years, packed with new features and a fresh, modern design. You asked, and we listened! Now, along with calculating compound interest, you can factor in periodic withdrawals to see how they impact your growth over time. This was a much needed features and I am so excited for you all to try it out! Your feedback is invaluable, and I read every review! If you’re enjoying the new features, please take a moment to leave a review on the Apple App Store. Your insights help shape future updates!

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User reviews

Most RecentHighest RatedLowest Rated

Download now👇🏻

Apps great, and its free, id be happy to pay a bit for it and remove adds (please no subscriptions).
I wish it gave the choice of adding a "live off the interest", where besides compounding, you take money out to live off each year.
JoxtechJoxtech

Great app!!

I use it often. Very simple and helpful
AntonyPinkAntonyPink

Solid app, I’ll pay for no ads

I’ve had this app for years and I love the simplicity of it. That said, I was trying to show someone some quick math and a Temu ad came on that was not ideal. I’d pay to get ads disabled. Thanks!
DmorrisonMusicDmorrisonMusic

Cats

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cabnet eatercabnet eater

Great app

Really easy to use
oscarfevjgoscarfevjg
See 52 more reviews

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User experience

🐞

Reported Bugs

3 issues

Calculation issues with initial investment

Bug

Formatting issues on mobile devices

Bug

Crashes after short usage

Bug
✨

Requested Features

5 requests

Add percentage option for withdrawal

Feature

Allow adjusting periodic contributions (weekly, monthly, etc.)

Feature

Include daily compounding option

Feature

Add inflation adjustment to contributions and outputs

Feature

Create a widget version

Feature

FAQ

What does the Compounder app do?

Compounder is a financial tool that helps you calculate the power of compound interest to reach your financial goals. It allows you to model the growth of savings, investments, and retirement funds by factoring in initial principal, periodic contributions, and even withdrawals.

What are the key features of Compounder?

The app offers quick compound interest calculations with flexible settings. You can easily factor in periodic withdrawals or additional contributions to see their impact on your financial growth. Its interface is designed to be user-friendly for anyone wanting to understand compound interest without needing a finance background.

Is Compounder free to use?

Yes, the application is available for free. There are no in-app purchases or advertisements mentioned, indicating a completely free user experience.

Who is Compounder designed for?

This app is designed for anyone who wants to understand and harness the power of compound interest to achieve their financial goals. This includes individuals planning for savings, investments, or retirement, even if they do not have a background in finance.

How can Compounder help with financial planning?

By using Compounder, you can visualize how compound interest can significantly grow your money over time. The ability to model different scenarios with contributions and withdrawals helps in setting realistic financial targets and understanding the long-term impact of your financial decisions.