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- Shows what money will grow to with compound interest.
- Combines a starting amount with regular deposits.
- Supports yearly, quarterly, monthly or daily compounding, and deposits at the start or end of each period.
- Gives a year-by-year balance and splits growth into deposits and interest.
How to use the future value calculator
Enter the starting amount
The present value, such as savings you already have. Use 0 if you start from nothing.
Enter regular payments
The amount you add each period, such as $200 a month.
Set the rate, years and frequency
The annual interest rate, how long, and how often interest compounds.
Read the future value
See the final balance, total deposits and interest earned.
Future value formula
Lump sum plus payments
FV = PV × (1 + i)ⁿ + PMT × ((1 + i)ⁿ − 1) ÷ i
i = annual rate ÷ periods per year, n = years × periods per year
If payments are made at the start of each period (an annuity due), the payment part is multiplied by (1 + i).
Example 1: saving monthly
$10,000 to start, $200 a month, 7% a year compounded monthly, 10 years.
- Future value $54,713.58
- Total deposits $34,000.00
- Interest earned $20,713.58
Over 40% of the final balance comes from interest.
Example 2: simple checks
Quick cases you can verify by hand.
- $10,000 at 10% for 2 years, yearly $12,100
- $100 a year for 2 years at 10%, paid at the start $231
Where a future value calculator helps
Savings goals
See how much a monthly saving habit will be worth.
Investments
Project the value of an investment at an expected return.
Finance classes
Check time value of money problems.
Comparing options
Compare rates or contribution amounts side by side.
Go the other way with the present value calculator, see daily or monthly compounding detail with the compound interest calculator, or plan regular investing with the SIP calculator.
Future value calculator FAQ
What is future value?
The amount a sum of money, or a series of payments, will be worth at a future date after earning interest.
How do I calculate future value?
For a lump sum, FV = PV × (1 + i)ⁿ. Add PMT × ((1 + i)ⁿ − 1) ÷ i for regular payments.
What is the difference between an ordinary annuity and an annuity due?
An ordinary annuity pays at the end of each period. An annuity due pays at the start, so each payment earns one extra period of interest.
Does compounding frequency matter?
Yes. More frequent compounding gives a slightly higher result at the same annual rate.
Does it include taxes or inflation?
No. Lower the rate if you want to allow for taxes, fees or inflation.
Can the rate be negative?
Yes, down to −50%, which can model losses.