Future Value Calculator
Future Value (FV) Calculator
Supports savings accounts, investments, annuities, and any compound-interest growth scenario
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Instant Results
FV updates live as you adjust inputs — no button press needed for real-time exploration.
Supports Annuities
Add a periodic deposit (PMT) to model SIPs, RDs, or any regular-contribution investment plan.
Period-wise Schedule
Expand the growth table to track balance, deposits, and interest earned every year or month.
Understanding Future Value
What is Future Value and How is it Calculated?
A complete guide to FV, compound interest, and the time value of money
Future Value (FV) is the value that a sum of money or a stream of payments will grow to at a specified point in the future, given a certain interest or growth rate. In simple terms, FV answers the question: "If I invest ₹X today at Y% per year for Z years, how much will I have?"
FV is built on the concept that money available today is worth more than the same amount in the future — a principle known as the Time Value of Money (TVM). A good illustration: ₹10 in a savings account earning 6% annually becomes ₹10.60 after one year, ₹11.24 after two, and so on — each year the interest is calculated not just on the original ₹10 but also on accumulated interest. This snowball effect is compound interest, and it forms the backbone of every savings account, fixed deposit, mutual fund SIP, and retirement plan.
When you also make regular periodic deposits (like a monthly SIP or recurring deposit), the full FV formula combines two components:
For example, if you invest ₹1,000 today (PV) at 6% annual interest (I/Y) for 10 years (N) and add ₹100 each period (PMT at beginning), the future value works out to approximately ₹3,109. Of that, ₹1,000 is your original principal, ₹1,000 is your total periodic deposits, and ₹1,109 is pure compound interest — growth you earned without any additional effort. This calculator uses the same standard formula.
Find out what your bank FD or savings account balance will be after a fixed tenure at a given interest rate — both with and without recurring top-ups.
Model a Systematic Investment Plan (SIP) by entering your monthly contribution as PMT and your expected CAGR as I/Y to project your corpus at retirement.
Working backwards, if you know your target FV (say, ₹50 lakh for a child's education), you can adjust PV and PMT inputs to find the monthly savings needed.
A higher present value gives compound interest a larger base to work on. Even a small difference in starting capital creates a dramatically larger difference at the end of a long horizon.
The rate has an exponential effect over time. Going from 6% to 8% may look like a small jump, but over 20–30 years the difference in final corpus can be enormous — always compare effective annual rates.
Time is the most powerful lever in compounding. Starting 5 years earlier can be worth more than doubling your monthly contribution. The earlier you start, the less you need to invest to reach the same goal.
Regular contributions add two benefits: direct principal and their own compounding interest on top. Even small periodic deposits (₹500/month) compound into a significant sum over decades.