Future Value Calculator

Use this calculator to estimate the future value of a lump sum or regular contributions.

What this calculator does

The future value calculator estimates what money today and ongoing payments may become after growth.

It uses:

• present value
• regular contribution
• annual interest rate
• compounding frequency

Future Value Formula

FV = PV x (1 + r/n)^(nt) + PMT x (((1 + r/n)^(nt) - 1) / (r/n))

Where:

• FV = future value
• PV = present value
• PMT = regular contribution
• r = annual interest rate
• n = compounding periods per year

Example calculation

If:

• Present value = 10,000
• Regular contribution = 500
• Annual rate = 5%
• Time = 10 years

Then:

• Total contributions = 70,000
• Future value = about 88,000
• Interest earned = about 18,000

The future value is about 88,000.

What is future value?

Future value is the estimated worth of money at a later date after applying growth or interest. It helps compare money today with money in the future.

Why future value matters

• supports goal planning
• shows the effect of compounding
• compares different timelines and rates
• separates contributions from growth

When to use this calculator

• projecting savings or investments
• estimating future account balances
• comparing contribution amounts
• planning long-term financial goals

Common mistakes

• mixing annual and monthly rates
• ignoring fees, taxes, or inflation
• assuming returns are guaranteed
• forgetting that contributions may not compound for the full period

Future value vs present value

Future value moves today's money forward. Present value discounts future money back to today's equivalent.

FAQs

What is future value?

Future value is the estimated future amount after interest or investment growth.

How do you calculate future value?

Compound the present value and add the compounded value of any regular contributions.

What is a good future value?

A good future value is one that meets the target for the goal after realistic return assumptions.

What is the difference between future value and present value?

Future value projects forward. Present value discounts a future amount back to today.