Future Value Calculator
Calculate the future value of your investments with regular contributions
Results
Future Value
$0.00
Total value after 5 years
Total Contributions
$0.00
Sum of all contributions
Total Interest
$0.00
Interest earned over time
Understanding Future Value
What is Future Value?
Future Value (FV) is the value of an asset or cash at a specified date in the future, based on an assumed growth rate. This calculator helps you understand how your money can grow over time through the power of compound interest and regular contributions.
The Formula
FV = P(1 + r)^(nt) + PMT × [((1 + r)^(nt) - 1) / r]
Where:
FV = Future Value
P = Present Value (Principal)
r = Interest Rate per period
n = Number of times interest is compounded per year
t = Number of years
PMT = Regular payment amount
Compounding Frequency Examples
| Frequency | Initial Amount | Rate | Years | Result |
|---|---|---|---|---|
| Annually | $1,000 | 5% | 5 | $1,276.28 |
| Semi-annually | $1,000 | 5% | 5 | $1,283.36 |
| Quarterly | $1,000 | 5% | 5 | $1,287.07 |
| Monthly | $1,000 | 5% | 5 | $1,289.23 |
Key Features
- Calculate future value with different compounding frequencies
- Add regular contributions to see accelerated growth
- Visualize the breakdown between principal, contributions, and interest
- Compare different scenarios with the interactive chart
- See the impact of different contribution frequencies
Tips for Using the Calculator
- Start with realistic interest rates based on your investment type
- Consider inflation when planning for long-term goals
- Compare different contribution amounts to meet your goals
- Use the chart to understand the power of compound interest
- Experiment with different compounding frequencies
Why Calculate Future Value?
Understanding future value is crucial for financial planning and investment decisions. It helps you:
Benefits
- Plan for retirement savings goals
- Understand investment growth potential
- Compare different investment strategies
- See the impact of regular contributions
- Visualize the power of compound interest