Annuity Calculator

Calculates the present or future value of a series of equal periodic payments.

An annuity is a series of equal payments made at regular intervals. Lilu Baba's Annuity Calculator computes both its present value and future value.

How to use this calculator

  1. Enter the fixed payment made each period.
  2. Set the annual interest rate and number of periods.
  3. Choose whether payments occur at the start or end of each period.
Future Value of Annuity —
Present Value of Annuity —

Annuity Calculator — frequently asked questions

In an ordinary annuity, payments occur at the end of each period; in an annuity due, payments occur at the start — annuity due values are always slightly higher for the same inputs.

Common uses include valuing pensions, lease payments, loan payments and structured settlements.