Annuity Calculator
Calculate annuity values and payments using our comprehensive annuity calculator. Determine present value, future value, and required payments for ordinary annuities and annuities due.
What do you want to calculate?
Annuity Type
Annuity Details
Future Value
Future Value
$0
Total Payments
$0
Total Interest
$0
Interest Rate
5.00%
Annuity Growth Over Time
This chart shows how your annuity grows over time, with contributions and interest clearly separated.
Ordinary Annuity vs Annuity Due Comparison
This chart compares the future value of an ordinary annuity (payments at end of period) versus an annuity due (payments at beginning of period). Annuity due typically results in a higher value because payments earn interest for an extra period.
Understanding Annuities
An annuity is a series of equal payments made at regular intervals. Our annuity calculator helps you determine the future value, present value, or required payment amount for various types of annuities, whether you're planning retirement income or evaluating investment opportunities.
Key Concepts
Ordinary Annuity
Payments are made at the end of each period (most common). Examples include mortgage payments, bond interest payments, and many retirement annuities.
Annuity Due
Payments are made at the beginning of each period. Examples include rent payments, insurance premiums, and some lease agreements. These earn more interest over time.
Future Value
The total amount your annuity will be worth at a future date, including all payments and interest earned. Used for retirement planning and savings goals.
Present Value
The current worth of a stream of future payments, discounted at a specific rate. Used to value lottery winnings, structured settlements, and pension buyouts.
Common Applications
- Planning retirement income with regular withdrawals from savings
- Calculating required savings contributions to reach financial goals
- Evaluating immediate or deferred annuity contracts from insurance companies
- Determining mortgage or loan payments with fixed terms
- Assessing the value of structured legal settlements or lottery prizes
- Planning for pension benefits and retirement account distributions
Disclaimer: This annuity calculator is provided for educational and informational purposes only. The calculations are estimates based on the inputs you provide and should not be considered financial, investment, or tax advice. Actual annuity returns may vary based on market conditions, fees, insurance company ratings, and specific product terms. Commercial annuities often have fees, surrender charges, and other costs not reflected in this calculator. Tax treatment of annuities varies by type and individual circumstances. Always consult with qualified financial advisors, tax professionals, and insurance specialists before purchasing annuities or making retirement planning decisions.
Join Other Stock Investors
Get free stock market news & insights delivered to your inbox.
No spam. Unsubscribe anytime.