Future Value Calculator
Find what a sum today — plus optional regular deposits — will be worth later.
Future value is what an amount today will be worth later once it grows at a given rate. For a single sum, FV = PV(1 + r/n)^(nt). $10,000 at 6% compounded monthly for 10 years has a future value of about $18,200. Add regular deposits and each one grows too. Enter a present amount, rate, and time to see the future value.
These results are estimates for informational purposes only and are not financial, tax, or legal advice. Your actual figures from a lender or the IRS may differ. Consult a qualified professional before making decisions.
Future value after 10 years
$18,193.97
What you put in vs. interest earned
Balance by year
| Year | You put in | Interest | Balance |
|---|---|---|---|
| 1 | $10,000 | $617 | $10,617 |
| 2 | $10,000 | $1,272 | $11,272 |
| 3 | $10,000 | $1,967 | $11,967 |
| 4 | $10,000 | $2,705 | $12,705 |
| 5 | $10,000 | $3,489 | $13,489 |
| 6 | $10,000 | $4,320 | $14,320 |
| 7 | $10,000 | $5,204 | $15,204 |
| 8 | $10,000 | $6,141 | $16,141 |
| 9 | $10,000 | $7,137 | $17,137 |
| 10 | $10,000 | $8,194 | $18,194 |
About the Future Value Calculator
Future value answers a core money question: what will a dollar today be worth after it grows for a number of years? It is the forward-looking half of the time value of money — the idea that a dollar now is worth more than a dollar later, because the one you hold can be put to work earning a return. For a single sum the formula is FV = PV(1 + r/n)^(nt); when you also add money along the way, each deposit has its own future value based on how long it has left to grow, and the calculator sums them. The mirror image is present value, which runs the process backward to discount a future amount to what it is worth today, the tool used to price bonds and compare offers paid at different times. One caution worth keeping in mind: a nominal rate ignores inflation, so a future value that looks large may buy less than it appears. To judge real buying power, use a rate net of expected inflation rather than the headline figure.
Frequently asked questions
What is the future value formula?+
For a single amount, FV = PV(1 + r/n)^(nt), where PV is the present value, r the annual rate, n the compounding periods per year, and t the years. With regular deposits, each deposit's future value is added on top.
What's the difference between future value and present value?+
Future value grows a present amount forward to a later date. Present value discounts a future amount back to today. They are two directions of the same time-value-of-money relationship.
Does future value account for inflation?+
Not unless you make it. A nominal rate ignores inflation, so the future dollars may buy less than they seem. Use a rate net of expected inflation to estimate real purchasing power.
How do regular deposits change future value?+
Each deposit compounds from the moment it's added, so earlier deposits contribute more than later ones. The total future value is the growth of the starting sum plus the future value of every deposit.