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Annuity Payment Calculator

Calculate monthly annuity payments from a lump sum, or find the lump sum needed for a desired annuity income.

Calculation Inputs

Calculation Results

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Enter inputs on the left and click Calculate to view results.

Formula & Methodology

PMT = PV × r / (1 − (1+r)^−n); Due = PMT × (1+r)

Calculates fixed periodic payments from an annuity contract over the specified period.

Frequently Asked Questions

What is the difference between annuity types?

Ordinary annuity pays at end of each period; annuity due pays at the beginning, resulting in slightly higher payments.