What is future value of annuity?
The future value of an annuity is the total worth, at a future date, of a series of equal periodic payments, assuming they earn a fixed rate of return each period. This is used to project the growth of regular savings contributions or planned payment streams.
The formula
Future Value = Payment × [((1 + r)^n − 1) / r], where r is the interest rate per period and n is the number of periods. For an annuity due (payments at the beginning of each period), the result is additionally multiplied by (1 + r) since each payment earns one extra period of interest.
This calculator is for general financial education and planning purposes. Actual investment returns are not guaranteed and may vary.
Last reviewed August 2026