Calculate the future value of regular payments (ordinary annuity or annuity due) at a given rate, with the interest earned. Enter your values; the result updates as you type, with the method shown below.
Formula
FV = PMT × ((1 + i)^n − 1) / i
Worked example
200 a month at 4% for 15 years: about 49,200, of which 13,200 interest.
Frequently asked questions
Annuity due or ordinary?
Due means payments at the start of each period, which earns one more period of interest.
Can I use it for savings plans?
Yes, for any fixed regular deposit.
Are fees included?
No, use a net rate.
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Results are estimates for information only. Check important figures with a professional.