Finance calculator
Future Value Calculator
Project the future value of a starting amount plus monthly contributions using an annual return and investment term.
FormulaFV = PV x (1 + r)^n + PMT x (((1 + r)^n - 1) / r)
Formula
Future value formula
Future value is a scenario estimate. Actual investment results can be higher or lower because returns are not guaranteed.
FV = PV x (1 + r)^n + PMT x (((1 + r)^n - 1) / r)
10,000 plus 500/month at 7% for 10 years combines starting-balance growth and contribution growth.
SourcesThis calculator includes source notes, assumptions, and exclusions so the result is easier to verify before use.
Sources and assumptions
Source notes
This calculator includes source notes, assumptions, and exclusions so the result is easier to verify before use.
- Effective year
- Current rules
- Last verified
- 2026-06-18
Future value is a scenario estimate. Actual investment results can be higher or lower because returns are not guaranteed.
Assumptions
- The annual return is smoothed into equal monthly periods.
- Monthly contributions are made consistently for the selected term.
- Beginning-of-month contributions compound for one extra monthly period compared with end-of-month contributions.
Not included
- Market volatility, taxes, fees, inflation, withdrawals, contribution limits, and account-specific rules.
FAQ7 common questions for this calculator.
FAQs
Can I include monthly contributions?+
Yes. Enter a starting amount and the amount you plan to add each month.
What is contribution timing?+
Beginning-of-month contributions are assumed to compound for one extra period compared with end-of-month contributions.
Does this account for inflation?+
No. It shows nominal future value before inflation, taxes, fees, or withdrawals.
How does the Future Value Calculator calculate the result?+
For the Future Value Calculator, it uses the Future value formula: FV = PV x (1 + r)^n + PMT x (((1 + r)^n - 1) / r). 10,000 plus 500/month at 7% for 10 years combines starting-balance growth and contribution growth.
What information do I need to use the Future Value Calculator?+
For the Future Value Calculator, enter an annual return and investment term. Keep the units consistent with the calculator fields and compare your setup with the worked example on the page.
How accurate is the Future Value Calculator?+
Future Value Calculator is accurate for the rates, amounts, dates, and rules entered. It uses the Future value formula shown on this page. Real products can differ because of fees, taxes, contract terms, or changing official thresholds.
What should I check before using the Future Value Calculator result?+
For the Future Value Calculator, check an annual return and investment term, then compare the Future value formula and worked example with the contract or source you will rely on. Fees, tax year, currency, and payment timing can change the final decision.
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Finance guide
How to use the Future Value Calculator
Project the future value of a starting amount plus monthly contributions using an annual return and investment term. The page also explains the future value formula and shows a practical example: 10,000 plus 500/month at 7% for 10 years combines starting-balance growth and contribution growth.
- 1
Enter your details
Enter an annual return and investment term, then complete any other fields shown in the calculator.
- 2
Check the calculation
Review the result alongside the future value formula: FV = PV x (1 + r)^n + PMT x (((1 + r)^n - 1) / r).
- 3
Compare scenarios
Change one or more inputs to see how they affect the future Value Calculator result before you use the estimate.