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Investment & Savings Calculators

Future Value Calculator

Future value (FV) of a present sum and a series of periodic payments at a given rate — ordinary annuity or annuity due.

Enter values

Results update as you type.

Result

Future value

$34,581.90

Total payments
$12,000.00
Interest
$12,581.90

About the Future Value Calculator

Future value (FV) of a present sum and a series of periodic payments at a given rate — ordinary annuity or annuity due.

Also known as: fv calculator, future value of annuity, time value of money, tvm calculator.

How to use this calculator

  1. Enter present value, payment per period, rate per period, number of periods and the other fields.
  2. The result updates instantly as you type — press Calculate (or Enter) at any time.
  3. Review the breakdown shown under the main result.
  4. Use Copy result or Share to save the answer or send a link with your inputs.

Formula

FV = PV(1 + r)ⁿ + PMT·((1 + r)ⁿ − 1)/r

Worked example

Using the values pre-filled in the calculator above:

  • Present value = 10,000
  • Payment per period = 100
  • Rate per period = 0.5 %
  • Number of periods = 120
  • Payments at: End of period

the calculator returns:

  • Future value: 34,581.9
  • Total payments: 12,000
  • Interest: 12,581.9