Future Value of Annuity Calculator

Your details

The amount contributed each period at the frequency you choose below.
Ordinary annuities pay at the end of each period; an annuity due pays at the start, earning one extra period of interest.
Enter an annual rate with a payment frequency, or enter the per period rate and period count directly.
The nominal annual rate. It is divided by the payment frequency to get the periodic rate.
%
How often you pay. Compounding is assumed to match the payment frequency.
The length of the savings term in years.
A lump sum already invested at the start. It compounds alongside the payments.
Increase each payment by this percent over the previous one (a growing annuity), for example a yearly raise.
%
Currency
Future value
$81,939.67
Total payments$60,000.00
Starting balance$0.00
Growth on starting balance$0.00
Interest earned$21,939.67

Your payments and any starting balance grow to 81,939.67, of which 21,939.67 is interest.

  • You pay in 60,000 of your own money across all the periods.
  • Compound interest adds 21,939.67, about 26.8% of the final balance.
  • Payments are timed at the end of each period (an ordinary annuity); switching to an annuity due grows the balance a little more.

Next stepTry raising the payment, adding a starting balance, or extending the term to see how much faster compounding works in your favor.

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