Future Value (FV) Calculator

Try Example Scenario:

Present Value / Initial Investment ($)

Current investment value or starting amount

Regular Contribution ($)

Regular contribution amount (optional)

Contribution Frequency

Contribution Timing

Annual Interest Rate (%)

Expected annual return rate

Compounding Frequency

Time Period (Years)

Investment duration in years

What is Future Value?

Future Value (FV) is the value of a current asset at a future date based on an assumed rate of growth. It helps you understand how much your current investment will be worth in the future.

How to Use This Calculator

Step 1: Enter your initial investment amount (Present Value)
Step 2: Optionally add regular contributions
Step 3: Set the expected annual interest rate
Step 4: Choose compounding frequency
Step 5: Enter the time period in years
Step 6: Click "Calculate Future Value"

FV Formula

For Lump Sum: FV = PV × (1 + r)ⁿ

For Regular Contributions: FV = PMT × [((1 + r)ⁿ - 1) / r] × (1 + r×type)

Where: PV = Present Value, PMT = Payment per period, r = Interest rate per period, n = Number of periods, type = 0 (end) or 1 (beginning)

Key Concepts

Compound Interest: Interest calculated on the initial principal and accumulated interest
Present Value: The current worth of a future sum of money
Time Value of Money: Money available today is worth more than the same amount in the future
Annual Return: The percentage gain or loss on an investment over a year

Common Uses

Retirement: Planning and savings goals
Education: Fund projections
Investments: Portfolio growth estimates
Savings: Account projections
Planning: Long-term financial planning