Calculators

Future Value Calculator

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Estimate future value of savings or investments with compound interest, optional deposits and withdrawals, monthly or yearly breakdown tables, growth chart, and time-weighted return.

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Future value after 4 years

Estimated future value

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Accumulated interest

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Present value

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Additional deposits

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Yearly rate → Compounded rate

5% → 5.12%

Time-weighted return

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Breakdown choice

View

Yearly breakdown

Year Deposits Interest Total Deposits Accrued Interest Balance

Note: Additional contributions applied at the end of each period, following interest calculation. This calculator is for illustrative purposes only and does not constitute financial advice.

Project how a present value could grow with compounding, regular deposits or withdrawals, and flexible rate and frequency settings. Results include future value, interest earned, APY, time-weighted return, and monthly or yearly schedules.

How to use our future value calculator

  1. Choose a currency symbol for display.
  2. Enter present value, interest rate, rate type, and compounding frequency.
  3. Set the investment duration in years and months.
  4. Optional: add periodic contributions — none, deposits only, withdrawals only, or both — with frequency, timing (beginning or end of period), and annual growth rates.
  5. Click Calculate — future value, accumulated interest, APY, time-weighted return, and breakdown table or chart update together.

Need to judge profitability from cash flows instead? Switch to the IRR Calculator using the tabs above the form.

How to calculate future value

This calculator combines compound interest on your starting balance with the future value of a series of equal periodic payments. When deposits are made at the end of each compounding period (the most common case), the contribution portion uses the ordinary annuity formula:

Deposits at end of each period (ordinary annuity); PMT = payment, r = annual rate, n = compounds per year, t = years

Your total future value equals the compounded present value plus the future value of all contributions (minus withdrawals), with interest applied each period according to your compounding setting.

Worked example

$10,000 present value, 5% yearly rate compounded monthly, 4 years, with $100 deposited at the end of each month:

  • Estimated future value ≈ $17,510.44
  • Accumulated interest ≈ $2,710.44
  • Additional deposits = $4,800.00
  • Effective annual rate (APY) ≈ 5.12%
  • Time-weighted return ≈ 22.09% over the full period

Deposits at beginning vs end

Contributions at the beginning of each period earn one extra compounding interval compared with end-of-period deposits. The toggle mirrors annuity-due vs ordinary-annuity math.

Time-weighted return

The time-weighted return (TWR) links period-by-period growth on your balance (excluding the effect of deposit timing on headline totals). It helps compare investment performance when you add money along the way.

Examples and use cases

Real-world use cases

  • 401(k) projection: An employee models $8,000 present balance plus $300 monthly deposits at 6% for 25 years before retirement.
  • Lump-sum vs DCA: Someone compares beginning-of-month vs end-of-month deposit timing on the same contribution schedule.
  • Goal planning: A saver works backward from a $50,000 target to see whether current deposits and rate reach the goal in 8 years.

For a broader compound-interest workspace with inflation and tax options, try the Compound Interest Calculator. To convert a nominal rate into APY for comparison, see the APY Calculator.

Common questions

Quick answers before you start calculating.

Future value is what an investment or savings balance could be worth after earning compound interest and including regular deposits or withdrawals. The Future Value Calculator estimates that total for your inputs.