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Future Value Calculator

Future value is what money today will be worth later at a given interest rate. Enter a present amount, the rate, the number of years and the compounding frequency; add a regular deposit to value a savings plan, with deposits at the start or end of each period.

Quick examples
$
%
years
$

One deposit per compounding period. Leave at 0 for a lump sum only.

Your numbers stay in your browser. Nothing is uploaded.
Future value$17,908.48
Total paid in
$10,000.00
Interest earned
$7,908.48

Saved setups

Save a set of inputs you reuse — your usual rate, your loan, your room sizes — and load it back in one tap.

    Your recent calculations

    Results you calculate here are kept on this device so you can come back to them.

      Formula

      Rate per period i = annual rate ÷ periods per year; number of periods N = years × periods per year
      Lump sum: FV = PV × (1 + i)^N
      Deposits at period end: FV = PMT × ((1 + i)^N − 1) ÷ i
      Deposits at period start: multiply the deposit part by (1 + i)

      How to use it

      1. Enter the present value — what you have today.
      2. Enter the annual rate, the years and how often interest compounds.
      3. Add a deposit per period if you will keep paying in, and say whether it is made at the start or end.

      Worked examples

      $10,000 at 6% a year for 10 years

      Future value
      $17,908.48
      Total paid in
      $10,000.00
      Interest earned
      $7,908.48

      $1,000 deposited at the end of each year for 5 years at 5%

      Future value
      $5,525.63
      Total paid in
      $5,000.00
      Interest earned
      $525.63

      The same deposits made at the start of each year

      Future value
      $5,801.91
      Total paid in
      $5,000.00

      Ordinary annuity versus annuity due

      Deposits made at the end of each period form an ordinary annuity; deposits at the start form an annuity due and earn one extra period of interest each. $1,000 a year for 5 years at 5% grows to $5,525.63 with end-of-year deposits and $5,801.91 with start-of-year deposits.

      The deposit frequency matches the compounding frequency you choose: pick monthly to model monthly deposits.

      Questions people ask

      What is the future value of $10,000 in 10 years at 6%?

      $17,908.48 with annual compounding: 10,000 × 1.06^10.

      What is the future value of $1,000 in 5 years at 7%?

      $1,402.55 compounded annually.

      How is future value different from present value?

      They are the same relationship run in opposite directions. FV grows today’s money forward; PV discounts future money back. $1,000 today is $1,402.55 in 5 years at 7%, and $1,000 due in 5 years is worth $712.99 today.

      Related calculators

      Present Value CalculatorWhat a future sum or stream of payments is worth today.Compound Interest CalculatorGrow a balance with compound interest and optional monthly deposits.Annuity CalculatorThe regular payout a lump sum can fund for a set number of years.Investment CalculatorProject an investment with monthly contributions, returns and inflation.NPV CalculatorNet present value of an upfront cost and a list of yearly cash flows.Savings CalculatorHow much your savings will be worth with regular monthly deposits.