Annuities Calculator

For a graduated stream this is the first payment; later ones grow by the escalation rate.
The premium paid, settlement offered or account value. Used when solving for the payment, the term or the rate.
Nominal annual rate, compounded at the payment frequency.
Not used when you are solving for the number of periods.
Zero for a level annuity; 5 for a Powerball or Mega Millions jackpot annuity; a cost-of-living figure for an escalating settlement.
Present value
151,525.31
Annuity Calculator
Future value
411,033.67
Payment each period
1,000.00
First payment
1,000.00
Final payment
1,000.00
Total of all payments
240,000.00
Number of payments
240.0000
Implied annual rate
5.000000 %
Interest content of the stream
88,474.69
Worked out from Annuity identities PV = PMT[1-(1+i)^-n]/i and FV = PMT[(1+i)^n-1]/i, with the annuity-due factor (1+i) and 2 other sources.
Life contingencies, insurer fees, surrender charges and tax are not modelled; this is the value of the payment stream itself.
This values a payment stream under the assumptions you enter. It is not a quote: a real annuity contract prices mortality, insurer fees, surrender charges, guarantees and tax, and a structured-settlement transfer needs court approval. Take the figures to a qualified adviser before acting on them.

How this is worked out

5 steps
  1. Rate per period = 5% / 12 = 0.41666667%
  2. Level ordinary annuity of 1000 for 240 periods
  3. Present value = 151525.31
  4. Value at the end of the term = 411033.67
  5. Total of all payments = 240000

Results are general information, not financial, tax, legal, medical or engineering advice.