Financial

Free Annuity Calculator

Future value of an ordinary annuity.

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Inputs

$
%

Result

Future value

$231,020.45

Total contributed$120,000.00
Interest earned$111,020.45

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Short answer

Future value of an ordinary annuity.

What is the Annuity Calculator?

Future value of an ordinary annuity.

How does the Annuity Calculator work?

Enter the inputs above and read the result.

Formula

FV = PMT · ((1+r)^n − 1) / r

Variables

  • PMTPayment
  • rPeriodic rate
  • nPeriods

Explanation

Standard future value of an ordinary annuity.

Examples

Applications

    Advantages

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        Common mistakes

          Tips

            Related concepts

            The Annuity Calculator sits inside the Finance Calculators hub, in the investing & retirement cluster. Growing capital and planning for withdrawal. Understanding the terms below makes the output easier to interpret and easier to compare against neighbouring measures.

            compound growthasset allocationwithdrawal rateyielddividend reinvestmentrisk-adjusted return

            Practical use cases and industry applications

            Understanding Annuity

            Future value of an ordinary annuity. Within finance calculators, annuity belongs to the investing & retirement cluster, where it shares terminology and assumptions with closely related tools.

            Learning how annuity is calculated

            Standard future value of an ordinary annuity. Working through the variables one at a time — PMT, r, n — makes the result reproducible by hand and easier to sanity-check.

            Using annuity to make a decision

            Because outputs depend on the assumptions you enter, run more than one scenario before committing to a figure.

            How annuity compares with related measures

            compound growth, asset allocation, withdrawal rate, yield all describe adjacent aspects of investing & retirement. Comparing this calculator's output against those measures — using the related tools listed on this page — prevents a single metric from being read in isolation.

            Frequently asked questions

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