Annuity Calculator: FV, PV, PMT & More
Our Annuity Calculator handles ordinary, due, and growing annuities. Solve for any variable instantly.
Types of Annuities
- Ordinary: Payments at end
- Due: Payments at beginning
- Growing: Payments increase over time
Key Formulas
FV = PMT × [((1+r)^n - 1)/r] × (1+r for due)
PV = PMT × [(1 - (1+r)^(-n))/r] × (1+r for due)
Example: $500/mo, 5%, 20 yrs
- FV: ~$201,000
- PV: ~$76,000
- Due FV: ~$211,000 (+5%)
Why Use Annuities?
- Retirement income
- Loan amortization
- Investment payouts
Pro Tips
- Annuity due > ordinary
- Growth reduces PV
- Compare with FV
Limitations
- Assumes fixed rate
- No taxes or fees
- Constant payments
Conclusion
Master annuities. Use our Annuity Calculator to plan accurately.