Present Value Calculator

Calculate the current worth of a series of future annuity payments.

$
Periodic payment amount
%
Expected annual return
years
Duration of annuity
How often payments are made
When payments are made
Present Value $0.00 Total value today
Total Payments $0.00
Total Interest $0.00
Number of Payments 0

Understanding Annuities

Present Value

The current worth of a series of future payments, discounted at the appropriate interest rate. Useful for determining how much to invest today.

Future Value

The total value of all payments plus interest at a future date. Shows how your regular contributions grow over time.

$

Payment Amount

The periodic payment needed to reach a goal or pay off a loan. Calculate exact payments for your retirement planning.

Annuity Formulas

Present Value (Ordinary Annuity)

PV = PMT × [1 - (1 + r)-n] / r

Future Value (Ordinary Annuity)

FV = PMT × [(1 + r)n - 1] / r

Payment Amount

PMT = PV × r / [1 - (1 + r)-n]