What is the Future Value Calculator?
Calculate the future value of a lump sum with periodic deposits.
Enter present value, deposit per year, interest rate per year and years and the Future Value Calculator returns future value, total contributed and growth. Results update as you type, and nothing you enter leaves your device.
How it is calculated
FV = PV × (1 + r)^t + D × ((1 + r)^t − 1) ÷ r
How to use it
- Enter present value.
- Enter deposit per year.
- Enter interest rate per year in %.
- Enter years in years.
- Read future value in the results panel. It updates as you type.
- Change any value to compare scenarios, or use Share to send the result as a link.
Worked example
Common questions
What formula does the Future Value Calculator use?
It uses: FV = PV × (1 + r)^t + D × ((1 + r)^t − 1) ÷ r.
What do I need to use the Future Value Calculator?
You need present value, deposit per year, interest rate per year and years. Sensible starting values are filled in so you can see how it works straight away.
Is the Future Value Calculator free, and is my data stored?
It is free with no sign-up. The calculation runs in your browser, so the values you enter are not sent to or stored on our server.