Free financial calculator
Present Value Calculator
Work out what a future amount is worth in today's money using a discount rate.
Use the calculator ↓Adjust the assumptions
Present Value Calculator
Work out what a future amount is worth in today's money using a discount rate.
Result
£0
View year-by-year breakdown ＋
| Year | Contributions | Growth | Balance |
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Questions answered
What this calculator helps you work out
- What is a future payment worth today?
- How does a higher discount rate change present value?
- How much value is lost by waiting for the money?
Common questions
Present Value Calculator FAQs
What does present value mean?＋
It is the amount that would be economically equivalent today to a specified future sum at the chosen discount rate.
What discount rate should I use?＋
The appropriate rate depends on the alternative return, inflation and risk relevant to the decision. Comparing several rates is often useful.
Why is present value below future value?＋
Money available today has time to earn a return, so a larger future amount can be equivalent to a smaller amount now.