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Future Value of Annuity Calculator

Calculate the future value of regular payments with interest, compounding frequency, and payment timing for savings and retirement planning.

Future value
Future value
$12,577.89
Total payments
$10,000.00
Rate per compounding period
5.00%
Payment timing
End
Payment schedule
Period 1
$1,551.33factor 1.5513; total $1,551.33
Period 2
$1,477.46factor 1.4775; total $3,028.78
Period 3
$1,407.10factor 1.4071; total $4,435.88
Period 4
$1,340.10factor 1.3401; total $5,775.98
Period 5
$1,276.28factor 1.2763; total $7,052.26
Period 6
$1,215.51factor 1.2155; total $8,267.77
Period 7
$1,157.63factor 1.1576; total $9,425.39
Period 8
$1,102.50factor 1.1025; total $10,527.89
Period 9
$1,050.00factor 1.0500; total $11,577.89
Period 10
$1,000.00factor 1.0000; total $12,577.89

$1,000.00 paid for 10 periods at 5% nominal interest.

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%

Results update as you type.

Future Value of Annuity Calculator

Estimate the future value of equal recurring payments with interest, compounding frequency, number of periods, and payment timing. The calculator reports future value, total payments, rate per compounding period, timing, and a payment schedule.

How to use this calculator

Enter the payment amount, interest rate, number of periods, payment timing, and compounding frequency. Choose end of period for an ordinary annuity or beginning of period for an annuity due. For a starting balance plus contributions, use the compound interest calculator or compound growth calculator.

Formula

For end-of-period payments, the standard future value of annuity formula is:

FV=payment×((1+r)n−1)÷rFV = payment \times ((1 + r) ^ n - 1) \div r

For beginning-of-period payments, the result is multiplied by an additional growth period.

FV due=FV×(1+r)FV\ due = FV \times (1 + r)

Example

If 1,000 dollars is paid at the end of each period for 10 periods at a 5 percent annual rate with annual compounding, future value is about 12,578 dollars. Paying at the beginning of each period gives each payment more time to grow.

Interpreting results

Total payments show what you contributed before growth. Future value shows the ending amount under the entered rate assumption. Use the present value annuity calculator when you need today’s value of a payment stream instead.

Frequently asked questions

What is the future value of an annuity?
It is the projected ending value of equal payments after interest or growth is applied over the selected periods.
What is the difference between ordinary annuity and annuity due?
An ordinary annuity pays at the end of each period, while an annuity due pays at the beginning and earns one extra period of growth.
Does the number of periods mean years?
Not always. Periods should match the payment schedule and compounding assumptions you intend to model.
Can this calculate retirement contributions?
It can model equal recurring contributions, but it is a simplified educational estimate and does not include taxes, fees, or changing returns.

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