Future Value Calculator

Calculate future value with periodic contributions.

Project a starting amount and regular deposits at a periodic rate.

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Result

Future value$28,866.84
Total contributions$20,000.00
Interest earned$8,866.84

How to use this calculator

Project a starting amount and regular deposits at a periodic rate. Enter amounts in the units shown, select the applicable options, and click Calculate. Use Reset to restore the starting values.

Calculation formula

FV = PV × (1+r)^N + PMT × ((1+r)^N−1)/r.

Assumptions and accuracy

Review timing, rates, fees and result notes when comparing scenarios. Future returns and rates are assumptions rather than guaranteed outcomes. Monetary display follows the currency’s precision; intermediate calculations retain additional digits.

Choose what to calculate

Future value calculator with periodic payments

Estimate future value from a starting amount, recurring payments and compounding assumptions. Beginning-of-period and end-of-period payments produce different balances.

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Understanding this calculation

Project a current balance and recurring payments to a future period. Beginning- and end-of-period contribution timing use different accumulation factors.

Worked examples

Future value over two periods

Illustrative inputs are specified in the steps below; the example link loads the complete settings. Unmentioned settings use the linked defaults.

  1. 1,000 × (1 + 10%)² = 1,210. Rate and period must use the same time unit.

Future value: 1,210 USD.

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Common questions

How do I calculate future value with regular deposits?

Enter the starting balance, payment per period, matching periodic rate and number of periods; then select payment timing.

Why does beginning-of-period timing give a different result?

Each deposit is invested one period earlier and can earn an additional period's growth.

Scope and assumptions

This is a constant-rate cash-flow illustration. Periods are not automatically years unless the entered rate and payments are annual.

Sources

Calculation methods and formulas

Future Value

Project a starting amount and regular deposits at a periodic rate.

FV = PV × (1+r)^N + PMT × ((1+r)^N−1)/r.

See our calculation methodology and review status for data versions, rounding and validation limitations.