New Design Not working For You?

If the new page layout is not working for you, please Contact Me and let me know what device, operating system, and web browser (with version numbers) you are using so I can attempt to get the layout working for your setup.

About the Redesign

If you visited this site prior to September 15th, 2018, you've no doubt noticed that I've since launched a complete redesign of the website.

If you're not happy with the new design, I sincerely apologize. I would have preferred to keep the old desktop design, but considering the majority of my site's users are now accessing the site from small-screen, touch-enabled, mobile devices, and considering Google is now penalizing websites for not being mobile/thumb friendly, I was left with no choice but to switch to a responsive, mobile-first design.

The good news is that now that I have combined the three separate versions of the site (mobile, desktop, and ad-free member) into a single design, this will free up a ton of my time for working to make the mobile-optimized calculators more desktop/laptop friendly. In fact, some of the redesigned calculators already offer a desktop-optimized form that becomes visible when you increase the width setting of the calculator (within the "Calculator Preferences" expandable panel).

Thank you in advance for your help and patience as I work to improve the redesign.


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.



Add or remove this page to/from my favorites.