Annuity Calculator

Calculate the future value and present value of annuities with different payment frequencies and types.

Calculator

Calculator Details

Enter your information to calculate results

Results
₹0
Monthly EMI
₹36,786
Total Amount
₹16,786
Total Interest

Payment Breakdown

Principal Amount
₹20,000
Total Interest
₹16,786
Interest Percentage45.6%

How It Works

An annuity calculator determines the future value of a series of equal payments made at regular intervals.

Ordinary Annuity: FV = PMT × [((1 + r)^n - 1) / r]
Annuity Due: FV = PMT × [((1 + r)^n - 1) / r] × (1 + r)

Where PMT = Payment, r = Interest rate per period, n = Number of periods

Examples

Example: Retirement Savings

Payment: $1,000/year

Rate: 6% annually

Periods: 20 years

Type: Ordinary Annuity

Future Value: $36,785.59

Compare

Compare ordinary annuities vs annuity due to see the impact of payment timing on future value.