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Annuity Calculator

Annuity present value and payments.

Result

Present value

$6,231.11

Common questions

What is an annuity?

An annuity is a financial product that pays out a fixed stream of payments over time, typically used for retirement income. You pay a lump sum or series of payments, and receive regular disbursements later.

How do I calculate annuity payments?

Enter the principal, interest rate, and payout period. The calculator uses the present value of an annuity formula to determine your periodic payment amount.