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Estimated future value

Interest rate (yearly)

Accumulated interest

All-time rate of return (RoR)

Time needed to double investment

Summary

Monthly / Yearly Breakdown 

Why Use This Future Value Calculator?

What is Future Value?
Future value is the projected worth of an investment at a specific point in the future, based on your starting amount, interest rate, compounding frequency, and any regular contributions you make over time. It helps you understand how much your money could grow if invested consistently and left to compound over a given number of years.

How is Future Value Calculated?
For deposits made at the END of each period (Ordinary Annuity):
A = PMT × [((1 + r/n)^nt - 1) / (r/n)]

For deposits made at the BEGINNING of each period (Annuity Due):
A = PMT × [((1 + r/n)^nt - 1) / (r/n)] × (1 + r/n)

Where A is the future value, PMT is the regular payment amount, r is the annual interest rate as a decimal, n is the number of compounding periods per year, and t is the number of years.

Example 1 — Monthly Deposits:
Priya deposits ₹8,000 per month at 5% annual interest, compounded monthly, for 10 years.
Using the formula, her investment grows to approximately ₹12,42,000 — far more than the ₹9,60,000 she deposited, thanks to compounding.

Example 2 — Annual Deposits:
Rahul invests ₹10,000 per year at 6% annual interest, compounded yearly, for 5 years.
His investment grows to approximately ₹56,371 — comprising ₹50,000 in contributions and ₹6,371 in interest earned.

What Inputs Does This Calculator Use?
Present value — your starting investment amount. Interest rate — the rate you are earning, whether daily, monthly, or annual. Compound frequency — how often interest is added to your balance. Time period — how long you plan to invest in years and months. Periodic contributions — any regular deposits or withdrawals you wish to include (optional).