Future Value Calculator

Calculate the future value of a starting amount plus a series of periodic deposits, given a number of periods and an interest rate.

What future value captures

Future value answers the mirror-image question to present value: given money you have today (and possibly add to over time), how much will it be worth at a set point in the future once compound interest has had time to work? It's the math behind every savings account projection, retirement estimate, and investment growth chart.

Starting amount vs. periodic deposits

This calculator combines both pieces at once — a lump sum that starts growing immediately, plus a recurring deposit added each period. The "PV (Present Value)" figure in the results is the value today of the entire cash flow stream (starting amount plus the present value of every future deposit), which will always discount back to less than the future value shown.

Future value and present value are two views of the same relationship. If you already know a target future amount and want to know what it's worth today instead, use the Present Value Calculator.

Common questions

What if I only want a lump sum with no recurring deposits?

Leave the Periodic Deposit at 0 — the calculator will simply compound the starting amount at the given rate for the given number of periods.

Does timing (beginning vs. end of period) matter?

Yes — deposits made at the beginning of each period earn one extra period of interest compared to deposits made at the end, producing a slightly higher future value.

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