This
annuity calculator can help you figure out the
fixed payments you'll receive from this type of retirement investment
over time. The calculator uses the starting principal balance, the
interest rate received on the annuity, and the payment period to
calculate annual annuity payments. The calculator also displays the
declining balance of the investment over time.
Calculator Definitions
The variables used in our online calculator are defined in detail below, including how to interpret the results.
Starting Principal ($)
This is the starting balance, or principal, of the annuity. This is sometimes referred to as the present value of the annuity.
Annual Interest Rate (%)
This is the interest rate earned per period. This calculator uses an annual interest rate to derive the annuity payment.
Payment Period (Years)
This is the number of years over which the annuity is expected to be paid.
Annuity Payments ($ / Year)
These are the annual payments the investor receives on the annuity.
This tool provides a calculation of an ordinary annuity, which is also
referred as annuity-immediate. With this type of annuity, payments are
made at the end of each period.
Payment and Balance
This calculator also provides the user with the remaining balance at
the end of each payment period. This calculator provides an annuity
balance for up to 40 payment periods.
The variables used in our online calculator are defined in detail below, including how to interpret the results.
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