Future Value Calculator
See what your savings could grow into. Add a starting deposit and monthly contributions, and watch compounding do the work.
Calculate future value
For education only, not financial advice. This tool is for education only and is not financial advice. Projections assume a constant rate and do not predict actual investment performance. Actual returns vary with fees, taxes, and market conditions.
How it works
- Enter your starting deposit, monthly contribution, expected annual rate, and time horizon.
- Pick how often interest compounds: monthly, quarterly, or annually.
- Your projected future value, total contributions, and interest earned appear instantly, with a year by year chart.
What is future value?
Future value is what a sum of money will be worth after earning interest over time. Regular monthly contributions add to that growth, because every new deposit starts earning interest too. That is compounding: interest earning interest. Even small monthly amounts can grow substantially over 10, 20, or 30 years.
Free to use, no sign up, and nothing leaves your browser. Your numbers are calculated locally on this page.