What is present value?

Present value is the current worth of a future sum of money, discounted at a specific rate of return. It answers: how much would I need today to have a given amount in the future?

Present Value Calculator

Estimate today’s value of a future amount at a chosen discount rate.

This tool runs in your browser. None of your data is saved or sold.

Future value ($)

Annual discount rate (%)

Years (years)

Compounds per year (years)

About This Calculator

Present value is the reverse of future value — it answers 'what is a future sum of money worth in today's dollars?' It's used in investment analysis to evaluate whether a future cash flow justifies a current price, and in estate planning to value future inheritances or annuities.

Estimates only — not financial, tax, legal, or investment advice. Verify important results with a qualified professional before making decisions.

PV = FV ÷ (1 + r/n)^(n×t); future value = input amount; discount (interest saved) = FV − PV