Annuity Calculator
Find the regular payment an annuity pays out, based on the lump sum invested, the interest rate, and how long it must last.
About the Annuity Calculator
Payment = P × i / (1 − (1+i)−n), with i the rate per period. The formula is the mirror image of a loan: the insurer lends you your own money back with interest.
Informational only, not financial advice.