Future Value Calculator

Use our free future value calculator to estimate how much your investments will grow over time. Supports lump sum investments and recurring periodic payments with various compounding frequencies.

Financial

Currency

Present Value (Lump Sum)

Periodic Payment (0 if none)

Annual Interest Rate (%)

Time Period (years)

years

Compounding Frequency

Payment Timing

Formula

The future value calculator computes the value of an investment at a specified date in the future. It accounts for compound interest on both lump sum amounts and recurring periodic payments.

FV = PV(1+r/n)^(nt) + PMT × [((1+r/n)^(nt)-1) / (r/n)] × (1+r/n)^(if beginning)

Percentage: The percentage value you want to apply

Number: The original number or value

Result: The calculated result

How It Works

1Enter the present value (lump sum) you're investing today.
2Optionally add a periodic payment amount made each period.
3Set the annual interest rate and time period.
4Choose the compounding frequency and whether payments are made at the beginning or end of each period.

Examples

$10,000 lump sum at 7% for 10 years compounded monthly

1.Monthly rate = 7%/12 = 0.5833%
2.Periods = 12 × 10 = 120
3.FV = $10,000(1.005833)^120 = $20,096.62

Result: $20,096.62

Frequently Asked Questions

Future value is the value of an investment at a future date based on an assumed rate of growth. It shows how much your money will be worth over time.

Payments made at the beginning of each period (annuity due) earn interest for one additional period, resulting in a higher future value than payments made at the end (ordinary annuity).

Present value is what your investment is worth today. Future value is what that same investment will be worth at a future date after earning interest.

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CalculateMe Team

Last updated: 2026-07-15

Frequently Asked Questions

Future value is the value of an investment at a future date based on an assumed rate of growth. It shows how much your money will be worth over time.

Payments made at the beginning of each period (annuity due) earn interest for one additional period, resulting in a higher future value than payments made at the end (ordinary annuity).

Present value is what your investment is worth today. Future value is what that same investment will be worth at a future date after earning interest.

Future Value Calculator

Formula

How It Works

Examples

$10,000 lump sum at 7% for 10 years compounded monthly

Frequently Asked Questions

What is future value?

How does payment timing affect future value?

What is the difference between PV and FV?

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Future Value Calculator

Formula

How It Works

Examples

$10,000 lump sum at 7% for 10 years compounded monthly

Frequently Asked Questions

What is future value?

How does payment timing affect future value?

What is the difference between PV and FV?

Related Calculators

Related Articles