Future Value Calculator
Calculate the future value of an investment or savings plan with periodic payments.
Inputs
$
%
$
Results
Future Value
$50,969.84
Total Contributions
$34,000.00
Total Growth
$16,969.84
Formula
FV = PV × (1+r)^n + PMT × [(1+r)^n - 1] / r
For beginning-of-period payments, multiply the annuity portion by (1+r). r = rate per period, n = total periods.
Worked Example
Present Value: $10,000 | Rate: 6% | Years: 10
Monthly payment: $200 (end of period)
FV of lump sum: ~$18,194
FV of payments: ~$32,776
Total: ~$50,970
When to Use This Calculator
Use when you want to know the future value of current assets plus periodic investments over time.
Important Assumptions
- Constant rate.
- Regular payments.
- No taxes or fees.
Common Mistakes to Avoid
- Confusing payment frequency with compounding frequency.
- Not matching payment timing (beginning vs end of period) to your actual situation.
Frequently Asked Questions
What is the time value of money?
Money today is worth more than the same amount in the future due to its earning potential. Future value calculations quantify this difference.
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Methodology: This calculator uses standard financial formulas documented above. All calculation engines are unit-tested for accuracy.View full methodology
Disclaimer: This calculator provides estimates for educational purposes only. Results do not constitute financial advice.Full disclaimer