Calculate annuity payments, present value, and future value. Analyze retirement income, loan payments, and investment growth with different annuity types.
Calculate present value from payment amount
Payments made at the end of each period
Ordinary annuity payments are made at the end of each period (like mortgage payments), while annuity due payments are made at the beginning of each period (like rent payments). Annuity due has higher present and future values because payments are received earlier and can earn interest longer.
Consider your risk tolerance, income needs, and life expectancy. Fixed annuities provide guaranteed income but lower returns, while variable annuities offer growth potential with market risk. Use this calculator to compare different scenarios and determine how much you need to save for your desired retirement income.
Yes, this calculator works for loan payments. Use "Payment Amount" calculation type with the loan amount as present value. The result shows your monthly payment. This is useful for mortgages, car loans, personal loans, and other installment loans.
Key factors include interest rate (higher rates increase future value), payment frequency (monthly vs. annual), payment timing (ordinary vs. due), and time period (longer periods increase compound growth). Small changes in interest rates can significantly impact long-term annuity values.