Find the future value of a present sum plus optional recurring deposits, given a rate and time. Useful for savings goals, bonds, or any time-value-of-money question.
Estimates only. This tool is provided for educational purposes and is not financial advice. It models the figures you enter — it does not know your credit terms, local taxes, or fees. Talk to a licensed adviser before making a decision.
$1,000 today plus $200 a month at 6% for 10 years (compounded monthly).
Future value: $34,595 — the gap over your deposits is pure compounded interest.
Future value (FV) is what a sum of money today is worth at a future date, given a rate of return. It's the core time-value-of-money concept behind savings, bonds, and retirement math.
FV = PV(1+r/n)nt + PMT × [((1+r/n)nt − 1) / (r/n)]
What if I make deposits at the start of each period?
This uses end-of-period deposits (ordinary annuity). Start-of-period would be slightly higher — multiply the deposit term by (1+r/n).
Can the rate be negative?
Mathematically yes, but for planning use a realistic non-negative expected return.
Where is this used?
Savings goals, bond pricing, lease vs buy, and any 'what will X be worth' question.