Money Market Account Calculator: Forecast Your Growth
Use our Money Market Account Calculator to see how much interest you'll earn with competitive APYs, regular deposits, and compound interest.
"Money market accounts are the sweet spot between savings and checking."
— Personal Finance Expert
How the Money Market Account Calculator Works
Our Money Market Account Calculator uses the compound interest formula:
- Future Value = P × (1 + r/n)^(nt) + PMT × {[(1 + r/n)^(nt) - 1] / (r/n)}
- P: Initial deposit
- r: APY (decimal)
- n: Compounds per year
- t: Years
- PMT: Monthly deposit
Key Outputs from the Money Market Account Calculator
- Total Interest Earned
- Final Balance
- Effective APY with Deposits
- Monthly Interest
Why Use This Money Market Account Calculator?
- Daily/monthly compounding
- Regular deposits
- APY accuracy
- Compare banks
- Mobile-optimized
Real Money Market Account Calculator Examples
- $25K @ 5.25% APY, 12 mo, $500/mo: $1,428 interest
- $10K @ 4.5% APY, 5 yrs, $0/mo: $2,463 interest
- Daily vs. Annual compounding: $47/year difference
Get Started with the Money Market Account Calculator
- Enter Initial Deposit
- Input Current APY
- Set Time Period
- Add Monthly Contributions
- See Your Earnings
Calculate Your MMA Earnings Now
The Money Market Account Calculator shows your path to higher savings. Start now.
Run Money Market Account Calculator