Annuity Calculator
Calculate periodic annuity payments for a loan or investment. Choose monthly, quarterly, or yearly payment frequency and see total cost and interest.
How to Use the Annuity Calculator
- Enter the required financial values such as amount, rate, or term.
- Adjust additional parameters if available (e.g., down payment, fees).
- The result updates automatically as you type.
- Review the calculated figures including breakdowns and totals.
Quick Reference
| From | To |
|---|---|
| $500/mo · 7% · 30yr | $566,765 |
| $1,000/mo · 8% · 25yr | $878,570 |
| $200/mo · 6% · 20yr | $88,285 |
| $300/mo · 7% · 35yr | $498,395 |
| $1,500/mo · 5% · 15yr | $400,580 |
| $250/mo · 10% · 30yr | $493,482 |
Use Cases
- •Evaluating different loan or mortgage options before making a decision.
- •Planning a monthly budget with accurate payment projections.
- •Estimating long-term investment growth or retirement savings.
- •Comparing interest rates and total costs across financial products.
Formula
PMT = PV × r / (1 − (1 + r)^(−n)), where PV is the present value (principal), r is the periodic interest rate (annual rate / payments per year / 100), and n is the total number of payments (years × payments per year).
Frequently Asked Questions
How to use?
Enter the data and click the calculate button.
What is an annuity?
An annuity is a series of equal payments made at regular intervals over a fixed period, used to repay a loan or accumulate savings.
Is it free?
Yes, all calculators are completely free.