Annuity Calculator

Use our annuity calculator to calculate the future value, present value, or payout of an annuity.

Annuity
years

Payment
$

Interest
%
Annuity
years

Payment
$

Interest
%
$
%
years
$
%
$

Future Value:

$
Learn how we calculated this below


On this page:


Annuity Future Value Formula

FV = PMT\left [ \frac{(1 + i)^{−n} − 1}{i} \right ]

Where:
FV = future value of an ordinary annuity
PMT = payment amount
i = interest rate

Annuity Present Value Formula

PV = PMT\left [ \frac{1 − (1 + i)^{−n}}{i} \right ]

Where:
PV = present value of an ordinary annuity
PMT = payment amount
i = interest rate

Annuity Payout Formula

n = \frac{{ −\ln \left( {1 − \frac{{P}}{{PMT}}i} \right)}}{{\ln \left( {1 + i} \right)}}

Where:
P = principal
PMT = payment amount
i = interest rate
n = number of periods