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Present Value Annuity Calculator to Calculate PV of Future Sum or Payment

Calculator Preferences
Present Value Annuity Calculator Sign
Present Value Annuity Calculator

This calculator will calculate the present value of an annuity starting either with a future lump sum (loan) or with a future payment amount (retirement annuity), and for either an ordinary annuity or for an annuity due. Includes a year-to-year chart showing how the future sum will decline to zero. The Learn tab includes:

  • What is Present Value of An Annuity?
  • Being on the right side of compounding interest equation.
Learn More

Selected Data Record:

A Data Record is a set of calculator entries that are stored in your web browser's Local Storage. If a Data Record is currently selected in the "Data" tab, this line will list the name you gave to that data record. If no data record is selected, or you have no entries stored for this calculator, the line will display "None".

DataData recordData recordSelected data record: None
Type:Annuity type:Type of annuity:Type of annuity:

Type of annuity:

Select the type of annuity. An Annuity Due indicates payments are received or made at the beginning of each period, whereas an Ordinary Annuity indicates payments are received or made at the end of each period.

Future lump sum or payment amount:

Choose whether you would like to calculate the present value of an annuity starting with a future lump sum or starting with future payment amount, then enter the corresponding future value. Lump sum present value annuity calculations are typically used for calculating loan payments, whereas present value of future payments are typically used for calculating retirement savings needed to generate the desired retirement income.

Frequency:Frequency:Payment/withdrawal frequency:Payment/withdrawal frequency:

Payment/withdrawal frequency:

Select the payment/deposit frequency you want the calculator to use for the present value calculations.

# of years:Number of years:Number of years to calculate PV for:Number of years to calculate present value for:

Number of years to calculate present value for:

Enter the number of years you would to calculate present value for.

Disc rate:Discount rate:Present value discount rate:Present value discount rate:

Present value discount rate:

Enter the annual present value discount rate to be used for the present value calculations. Please enter as a percentage, but without the percent sign (for .06 or 6%, enter 6). Note that the calculator will convert the annual discount rate to the rate that corresponds to the payment frequency. For example, if you selected a monthly payment frequency, the calculator will divide the annual rate by 12.

PV:Present value:Present value of annuity:Present value of annuity:

Present value of annuity:

Based on your entries, this is the present value of the annuity you entered information for. If you chose to enter a future lump sum, this result represents the periodic payment amount needed to pay off the loan within the specified time period. Or, if you chose to enter a future payment amount, this result represents the amount you would need to deposit now in order to be able to withdraw the payment during each period interval over the course of the entered number of years.

Total:Total pmts/draws:Total payments/withdrawals:Total of annuity payments/withdrawals:

Total of annuity payments/withdrawals:

Based on your entries, this is the total of all payments received (annuity) or made (loan) -- depending on whether you chose to calculate present value starting with a future lump sum, or starting with a future payment amount.

Interest:Interest:Interest earned/paid on annuity:Interest earned/paid on annuity:

Interest earned/paid on annuity:

Based on your entries, this is how much compound interest will be earned or paid on the annuity or loan.

If you would like to save the current entries to the secure database, tap or click on the Data tab, select "New Data Record", give the data record a name, then tap or click the Save button. To save changes to previously saved entries, simply tap the Save button. Please select and "Clear" any data records you no longer need.

Feedback AppreciatedFeedback Greatly AppreciatedYour Feedback Would Be Greatly AppreciatedYour Feedback Is Greatly Appreciated


Help and Tools

Help and Tools:

This section, which you can Unstick or Hide in the Calculator Preferences (just above the top of the calculator), contains the following tabs (content too long to fit within bordered frame can be scrolled up and down):

About: Click this tab for an introduction to the calculator.

Instructions: Click this tab for step-by-step instructions for using the calculator.

Terms: Click this tab for a list of the descriptions that are located within each popup help button (info icons).

PCalc: Click this tab for a handy "pocket" calculator you can use when you need to calculate an entry needed for the calculator.

Data: Click this tab to save a set of entries or a note in between visits. Entries and notes will be stored to your web browser's local storage (if supported by your browser of choice), meaning they can only be recalled with the same device and web browser you were using when you saved them. If you'd like to save entries and notes between devices you can do so by subscribing to the Ad-Free Member Version.



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Adjust Calculator Width:

Move the slider to left and right to adjust the calculator width. Note that the Help and Tools panel will be hidden when the calculator is too wide to fit both on the screen. Moving the slider to the left will bring the instructions and tools panel back into view.

Also note that some calculators will reformat to accommodate the screen size as you make the calculator wider or narrower. If the calculator is narrow, columns of entry rows will be converted to a vertical entry form, whereas a wider calculator will display columns of entry rows, and the entry fields will be smaller in size ... since they will not need to be "thumb friendly".

Show/Hide Popup Keypads:

Select Show or Hide to show or hide the popup keypad icons located next to numeric entry fields. These are generally only needed for mobile devices that don't have decimal points in their numeric keypads. So if you are on a desktop, you may find the calculator to be more user-friendly and less cluttered without them.

Stick/Unstick Tools:

Select Stick or Unstick to stick or unstick the help and tools panel. Selecting "Stick" will keep the panel in view while scrolling the calculator vertically. If you find that annoying, select "Unstick" to keep the panel in a stationary position.

If the tools panel becomes "Unstuck" on its own, try clicking "Unstick" and then "Stick" to re-stick the panel.