Compound Growth
Estimate how interest can earn additional interest as your balance grows over time.
Investment Growth Planning
Future Value Calculator
Estimate how much your savings or investment may be worth in the future. Add an initial amount, regular contributions, interest rate and investment duration to view a complete growth breakdown.
Enter Your Investment Details
Adjust the values below to calculate future growth.
Year-by-Year Investment Growth
Review how your contributions, interest earnings and estimated balance may grow during each year.
| Year | Total Invested | Interest Earned | Estimated Balance |
|---|
What This Future Value Calculator Includes
The calculator combines your starting balance, recurring deposits and compound interest into one clear projection.
Regular Contributions
Include weekly, monthly, quarterly, semiannual or annual deposits in your projection.
Detailed Breakdown
Separate the amount you invested from estimated interest and view results for every year.
What Is Future Value?
Future value is the estimated amount that a present investment may grow to after earning interest for a specific period. It helps investors compare saving strategies, contribution amounts, interest rates and investment durations.
For example, money placed in a savings account, fixed-income product or investment portfolio may increase over time. The future value calculation estimates the final balance by applying compound growth to the initial investment and any regular contributions.
Future Value Formula
Future value of an initial lump-sum investment:
FV = PV × (1 + r ÷ n)^(n × t)
In this formula:
- FV is the estimated future value.
- PV is the initial investment or present value.
- r is the annual interest rate written as a decimal.
- n is the number of compounding periods per year.
- t is the investment period in years.
How Regular Contributions Affect Future Value
Regular deposits can make a major difference because each new contribution may also earn compound returns. Increasing the contribution amount or investing more frequently generally increases the projected future value, provided the other assumptions remain the same.
Beginning vs End-of-Period Contributions
A beginning-of-period contribution is added before interest is applied for that period. An end-of-period contribution is added after the period has completed. Beginning contributions normally produce a slightly higher future value because each deposit receives one additional period of growth.
How to Use the Future Value Calculator
- Select the currency in which you want to display results.
- Enter your current investment or savings balance.
- Add the amount you plan to contribute regularly.
- Select how often you will make those contributions.
- Enter the estimated annual interest or return rate.
- Choose the investment duration and compounding frequency.
- Click the calculate button to view your complete projection.
Why Compounding Frequency Matters
Compounding frequency determines how often interest is added to the investment balance. When interest is compounded more frequently, previously earned interest begins generating additional growth sooner. However, the actual difference depends on the interest rate, duration and financial product.
This calculator provides estimates for educational and planning purposes.
Actual investment returns, fees, taxes and inflation can change your final
results. It does not provide financial or investment advice.
Frequently Asked Questions
Find answers to common questions about future value, interest and investment growth.
It estimates how much an investment may be worth after earning compound interest for a selected number of years. It can also include recurring contributions.
Yes. You can select annual, semiannual, quarterly, monthly or daily compounding to estimate how different frequencies affect growth.
Yes. Enter your contribution amount and select monthly as the contribution frequency. Weekly, quarterly and annual options are also available.
Use a reasonable estimated annual rate based on the savings or investment product you are evaluating. A guaranteed rate should not be assumed for market-based investments.
This calculator shows nominal future value and does not automatically deduct inflation. The actual purchasing power of the final amount may be lower when inflation is considered.
Contributions made at the beginning of each period receive an extra period of potential growth compared with deposits made at the end of the period.