Future value calculator
Starting amount, deposits, rate and length: get the amount at the end. Choose how often you deposit and whether it is at the start or end of each period.
Result
58,319.61Future value
- Total paid in
- 41,000.00
- Of which interest
- 17,319.61
Year by year
Detailed table
| Year | Paid in | Interest | Total |
|---|---|---|---|
| 1 | 7,400.00 | 248.20 | 7,648.20 |
| 2 | 9,800.00 | 604.29 | 10,404.29 |
| 3 | 12,200.00 | 1,072.67 | 13,272.67 |
| 4 | 14,600.00 | 1,657.91 | 16,257.91 |
| 5 | 17,000.00 | 2,364.78 | 19,364.78 |
| 6 | 19,400.00 | 3,198.22 | 22,598.22 |
| 7 | 21,800.00 | 4,163.40 | 25,963.40 |
| 8 | 24,200.00 | 5,265.68 | 29,465.68 |
| 9 | 26,600.00 | 6,510.65 | 33,110.65 |
| 10 | 29,000.00 | 7,904.12 | 36,904.12 |
| 11 | 31,400.00 | 9,452.15 | 40,852.15 |
| 12 | 33,800.00 | 11,161.02 | 44,961.02 |
| 13 | 36,200.00 | 13,037.29 | 49,237.29 |
| 14 | 38,600.00 | 15,087.79 | 53,687.79 |
| 15 | 41,000.00 | 17,319.61 | 58,319.61 |
How it is calculated
- FV = P × (1 + i)^n + D × ((1 + i)^n − 1) ÷ i, where i = rate ÷ periods per year and n = number of periods.
- Deposits at the start: the deposit part is multiplied by (1 + i).
- With a 0 rate: FV = P + D × n.
Example
5,000 to start and 200 at the end of each month, at 4% for 15 years: future value 58,319.61, of which 17,319.61 is interest.
Good to know
- Constant rate, no tax, fees or inflation.
- This is not a promise of return.
Frequently asked questions
What is this tool used for?
Starting amount, deposits, rate and length: get the amount at the end. Choose how often you deposit and whether it is at the start or end of each period.
How is the result calculated?
FV = P × (1 + i)^n + D × ((1 + i)^n − 1) ÷ i, where i = rate ÷ periods per year and n = number of periods.
What should I check before using the result?
Constant rate, no tax, fees or inflation.