Future Value Calculator

Compute the future value of investments or savings easily using our tool.

Present Value (PV)

Interest Rate (I)

Periods (N)

Periodic Deposit (PMT)

per period

Periodic Payment at the

There was an error with your calculation.

Future Value

Future Value (FV): $39,869.90

Present Value (PV): $12,431.62

Number of Periods (N): 20

Interest Rate (I/Y): 6

Periodic Deposit (PMT): $200.00

Starting Amount: $10,000.00

Total Periodic Deposits: $4,000.00

Total Interest: $25,869.90

Starting amount

Periodic deposits

Interest

#	BEGINNING BALANCE	DEPOSIT	INTEREST	ENDING BALANCE
1	$10,200.00	$200.00	$612.00	$10,812.00
2	$11,012.00	$200.00	$660.72	$11,672.72
3	$11,872.72	$200.00	$712.36	$12,585.08
4	$12,785.08	$200.00	$767.10	$13,552.19
5	$13,752.19	$200.00	$825.13	$14,577.32
6	$14,777.32	$200.00	$886.64	$15,663.96
7	$15,863.96	$200.00	$951.84	$16,815.80
8	$17,015.80	$200.00	$1,020.95	$18,036.74
9	$18,236.74	$200.00	$1,094.20	$19,330.95
10	$19,530.95	$200.00	$1,171.86	$20,702.81
11	$20,902.81	$200.00	$1,254.17	$22,156.97
12	$22,356.97	$200.00	$1,341.42	$23,698.39
13	$23,898.39	$200.00	$1,433.90	$25,332.30
14	$25,532.30	$200.00	$1,531.94	$27,064.23
15	$27,264.23	$200.00	$1,635.85	$28,900.09
16	$29,100.09	$200.00	$1,746.01	$30,846.09
17	$31,046.09	$200.00	$1,862.77	$32,908.86
18	$33,108.86	$200.00	$1,986.53	$35,095.39
19	$35,295.39	$200.00	$2,117.72	$37,413.11
20	$37,613.11	$200.00	$2,256.79	$39,869.90

What is an Online Future Value Calculator?

An Online Future Value (FV) Calculator is a financial tool that helps you estimate the future value of an investment or savings based on a series of regular contributions or a lump sum amount. It calculates how much your money will be worth in the future, considering factors like the initial investment amount, interest rate, contribution frequency, and the number of periods (years or months) the investment is made for.

How to Use an Online Future Value Calculator?

Enter the Initial Investment Amount:
- Input the starting amount of money you plan to invest or save.
Enter the Contribution Amount:
- If you plan to make regular contributions (e.g., monthly or yearly), enter the amount you plan to contribute in each period.
Enter the Interest Rate:
- Input the annual interest rate (as a percentage) that the investment is expected to earn.
Choose the Number of Periods:
- Specify how long the investment or savings will be made, typically in years or months. The calculator will use this to calculate how your contributions grow over time.
Choose the Compounding Frequency (if applicable):
- Some calculators allow you to select how often the interest is compounded (e.g., monthly, quarterly, annually). The frequency of compounding affects the growth of your investment.
View the Results:
- The calculator will provide the future value of your investment based on the details you entered. It will show the total value after the specified time, including the initial amount and any contributions made.

Frequently Asked Questions-

What is the difference between compound interest and simple interest in future value calculations?
- Simple interest is calculated only on the initial investment amount, while compound interest is calculated on the initial principal as well as the accumulated interest. The Future Value Calculator typically uses compound interest to show the growth of your investment over time.
How does the compounding frequency affect the future value of my investment?
- The more frequently interest is compounded (e.g., monthly vs. annually), the more interest you will earn over time. Compounding more frequently leads to a higher future value because interest is being calculated on both the principal and the interest more often.
Can the Online Future Value Calculator handle variable contributions?
- Most calculators allow for fixed contributions over time, but some advanced calculators may offer the ability to input variable contributions. If your contributions change over time, you may need to adjust the inputs periodically or use a calculator with that specific functionality.
What factors should I consider when choosing an interest rate for my future value calculation?
- Consider historical returns, current market conditions, and your investment strategy. If you're investing in stocks, you may expect a higher rate of return than if you're saving in a savings account. Always ensure the rate is realistic for your investment or savings goal.
Is the result from the Future Value Calculator guaranteed?
- No, the result is an estimate based on the information you input. The actual future value of your investment will depend on various factors, including market conditions, the actual interest rate, and any fees associated with your investment. Always consult with a financial advisor for more accurate planning.