Financial

Periodic Investment Calculator

Estimate future value from an initial amount and monthly investments.

Choose the right investment calculator

These calculators share some inputs, but each answers a different financial question.

Share this calculator
WhatsApp

The periodic investment calculator projects a mathematical future value for an initial investment plus regular monthly contributions under a constant annual return assumption. It also shows total contributions, projected gain and the number of modeled months.

How it works

Enter the initial investment, monthly contribution, assumed annual return and investment period in years. The calculator converts the annual return to a monthly rate, rounds years × 12 to a whole number of months, compounds the initial amount monthly and models monthly contributions as end-of-period contributions.

The formula

Months = round(years × 12). Monthly rate = annual return % ÷ 1200. Initial future value = initial × (1 + monthly rate)^months. Contributions future value = monthly contribution × ((1 + monthly rate)^months − 1) ÷ monthly rate, with a simple monthly contribution total when the rate is 0. Future value = initial future value + contributions future value.

Initial and monthly investments cannot be negative, years must be greater than zero and annual return cannot be below −100%. The entered annual return is a constant mathematical assumption converted to a monthly rate. The model does not simulate volatility, changing returns, fees, taxes or inflation.

Worked example

With initial investment 10,000, monthly contribution 1,000, annual return 7% and 10 years, the engine models 120 months. Total contributions are 130,000, projected future value is 193,181.42 and modeled gain is 63,181.42.

This is a deterministic growth scenario, not a forecast or investment recommendation. Compare multiple return assumptions and include real-world costs and risk separately.

Frequently asked questions

Is the expected annual return guaranteed?

No. It is an assumption used for the projection. Real investment returns vary and can be negative.

When are monthly contributions assumed to occur?

The implemented future-value formula treats regular monthly contributions as end-of-period contributions.

Are fees, taxes and inflation included?

No. Unless reflected indirectly in the return assumption you enter, they are not separately modeled.

Last content reviewAugust 8, 2026
Editorial reviewHe-Sab Editorial Review

Sources and references

These sources are used to verify terminology, formulas, and information related to this calculator.