Finance calculator (TVM)

The four pillars of the time value of money in one console: present value, future value, recurring payments, and the growth relationship between them.

How to Finance calculator (TVM)

1. Step 1. Enter a present value (starting amount).
2. Step 2. Add a recurring monthly payment and the nominal annual rate.
3. Step 3. Set the compounding horizon in years.
4. Step 4. Review future value, the discounted present value, and the payment needed to hit a target.

Frequently asked questions

What is the time value of money?

The principle that money available now is worth more than the same amount later, because it can earn returns in the meantime.

What is an ordinary annuity?

A stream of equal payments at the end of each period — how most loans, leases, and retirement contributions are structured.

Which compounding is used?

Monthly compounding on a nominal annual rate, matching how savings accounts and most loans actually accrue.