Future Value Calculator

Enter a starting amount, a yearly return and a time to see what it could grow to.

This result is an estimate only. Check with your bank or the relevant authority before making decisions.

How it is calculated

Lump sum = starting amount × (1 + rate)^years
Monthly rate = (1 + rate)^(1/12) − 1
Deposits = monthly deposit × ((1 + monthly rate)^months − 1) ÷ monthly rate
Future value = lump sum + deposits

To find what a future sum is worth today, use the present value calculator. For more detail on compounding, see the compound interest calculator.

Worked example

RM10,000 at 5% a year for 10 years with no deposits:

10,000 × 1.05^10 = RM16,288.95
Growth = RM6,288.95

Why your number may differ

Real returns are not smooth, and a fund may compound daily or pay out instead. Fees, tax and inflation are not included.

Frequently asked questions

What is future value?

It is what money today could be worth later if it earns a return, with the growth also earning returns (compounding).

How are the monthly deposits treated?

They are added at the end of each month and grown at the monthly rate that matches your yearly return, so the lump sum and deposits use the same yearly rate.

Is this a guaranteed return?

No. Real returns vary, and fees and tax reduce them. Use it to compare scenarios, not as a promise.