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Future Value Calculator
Future Value Calculator
Predict the growth of your investments over time
$0.00
Future Value
Your estimated wealth after the period
Total Principal
$0.00
Total Interest
$0.00
Effective Rate
0.00%
Investment Growth Curve
About the Future Value Calculator
Future value shows what a sum of money, with regular deposits, will be worth after earning interest for a number of years.
How to use the Future Value Calculator
- Enter your Present Value ($) and Monthly Deposit ($).
- Enter the Interest Rate (%) and Duration (Years).
- Choose the Compounding Frequency and press Calculate Future Value.
Formula and method
FV = PV × (1 + r ÷ n)^(n × t) plus the future value of the regular deposits.
Worked example
$10,000 at 5% compounded annually for 10 years grows to 10,000 × 1.05¹⁰ = $16,288.95.
When to use the Future Value Calculator
- Projecting what a lump sum or a series of deposits will be worth.
- Setting a savings target for a future goal such as education.
- Comparing different rates and time horizons.
Common mistakes to avoid
- Entering the rate per year and the periods per month without adjusting one of them.
- Ignoring inflation, which reduces the buying power of the future amount.
Tips
- A higher rate or longer time has a far bigger impact than more frequent compounding.
- Use a realistic, conservative rate.
Frequently Asked Questions
Present value is what an amount is worth today. Future value is what it will be worth later after growth.
FV = PV × (1 + r)ⁿ for a single amount, where r is the rate per period and n is the number of periods.
Future value looks forward at what money will grow to. Present value looks back at what a future amount is worth today.