Future Value Calculator
Calculate how your investments will grow over time with compound interest.
Initial Investment
Interest Rate and Time
Investment Growth Results
Future Value
$0.00
Investment Summary
Initial Investment:$0.00
Interest Earned:$0.00
Total Return:0%
Annual Return:0%
Time & Rate Details
Interest Rate:0%
Compound Frequency:Monthly
Time Period:0 years
Total Compounds:0
Year-by-Year Breakdown
| Year | Value | Interest |
|---|
About Our Future Value Calculator
Our Future Value Calculator helps you estimate how your investments will grow over time with compound interest. This tool is essential for financial planning, retirement saving, and understanding the time value of money.
Key Features:
- Calculate the future value of your investments with compound interest
- Choose from different compounding frequencies (daily, monthly, quarterly, etc.)
- View year-by-year growth breakdown
- Compare total and annual returns
- Support for multiple currencies
How to Use the Calculator
- Enter your principal amount (the initial investment) and select your currency.
- Input the annual interest rate as a percentage (e.g., 5 for 5%).
- Select the compounding frequency (how often interest is calculated).
- Enter the time period in years (decimals allowed for partial years).
- Click "Calculate" to see detailed results including future value and breakdowns.
This calculator provides estimates based on consistent interest rates. Actual investment returns may vary due to market conditions, changing interest rates, fees, and other factors.
Understanding Compound Interest
Compound interest is one of the most powerful concepts in finance, often called the "eighth wonder of the world":
- Simple Interest: Interest is calculated only on the initial principal
- Compound Interest: Interest is calculated on both the initial principal and the accumulated interest
- Compounding Frequency: The number of times per year interest is calculated and added to the principal
- Rule of 72: A quick way to estimate how long it will take to double your money (divide 72 by the interest rate)
The more frequently compounding occurs, the more your money grows. For example, monthly compounding will yield more than annual compounding for the same interest rate and time period.