Annuity Calculator

Calculate the value of regular payments with our free Annuity Calculator. Find present value of annuities, future value, or calculate required payments for retirement planning.

%
Present Value
₹6,71,008
Total Payments
₹1,00,000
Total Interest
₹3,28,992
Effective Interest Rate
8.00%
Annual rate with selected compounding

Annuity Value Over Time

Payment Schedule

Period Payment Interest Cumulative Value

Types of Annuities

Ordinary Annuity
Payments at End of Period

Most common type. Examples: mortgage payments, car loans, retirement withdrawals

PV = PMT × [(1 - (1+r)^-n) / r]
Annuity Due
Payments at Beginning of Period

Payments made at start. Examples: rent payments, insurance premiums, lease payments

PV = PMT × [(1 - (1+r)^-n) / r] × (1+r)

Key Features

Ordinary annuity calculations
Annuity due calculations
Present value of annuity
Future value of annuity
Payment amount calculator
Multiple scenario comparison

How to Use This Calculator

Choose annuity type
Enter payment amount or target value
Set interest rate
Input number of periods
Calculate and analyze results

Understanding Annuities


An annuity is a series of equal payments made at regular intervals. Our Annuity Calculator helps you understand and calculate various annuity scenarios, essential for retirement planning, loan analysis, and investment decisions.

There are two types of annuities: ordinary annuity (payments at the end of each period) and annuity due (payments at the beginning). Annuity due is worth more because each payment has an extra period to earn interest.

The present value of an annuity tells you what a series of future payments is worth today. This is useful for evaluating pension buyouts, lottery winnings choices, and any decision involving regular future payments.

The future value of an annuity shows what regular payments will grow to over time. This is the calculation used in SIP projections - how much will monthly investments accumulate by a target date.

You can also reverse the calculation to find the payment needed to achieve a target. For retirement, this answers: "How much annual income can I get from a ₹50 lakh corpus for 20 years?"

Frequently Asked Questions

What is an annuity?
An annuity is a series of equal payments made at regular intervals. Examples include pension payments, loan EMIs, and systematic investment plans (SIPs).
What is the difference between ordinary annuity and annuity due?
In ordinary annuity, payments are made at the end of each period. In annuity due, payments are made at the beginning. Annuity due has slightly higher value.
How do I calculate retirement income from a corpus?
Use the present value of annuity formula. For ₹50 lakhs to last 20 years at 8% return, you can withdraw about ₹5.09 lakhs annually.
Is SIP an annuity?
Yes, SIP is an annuity when viewed from a calculation perspective. Regular monthly investments are future-value-of-annuity calculations.
What about variable annuities?
Our calculator handles fixed annuities. Variable annuities (changing payments) require more complex calculations considering specific payment schedules.