Nationwide Annuity Calculator
Estimate the future value of an annuity or the payment amount for a given present value. Supports ordinary annuity and annuity due.
Published by:
isCalculator Editorial Team
Was this calculator helpful?
How to use this tool?
This calculator computes either the Future Value (FV) of a series of payments or the Payment (PMT) needed to reach a Present Value (PV). It supports both Ordinary Annuities (payments at end of period) and Annuities Due (payments at beginning).
- Select Annuity Type – Choose Ordinary (end of period) or Annuity Due (beginning).
- Choose Calculation Mode – Pick Future Value from Payments or Payment from Present Value.
- Enter Inputs – Depending on mode, fill in:
- For Future Value: Payment per period ($), Interest Rate per period (%), Number of periods.
- For Payment: Present Value ($), Interest Rate per period (%), Number of periods.
- Click "Calculate" – The result appears below with the formula used.
Important: All monetary values must be positive. Interest rate is a percentage (e.g., 5 for 5%). Number of periods must be a whole number ≥ 1. The calculator automatically adjusts for zero interest rates.
Previous Results
| Result | Inputs | Date |
|---|
Frequently Asked Questions
An annuity is a series of equal payments made at regular intervals. Examples include retirement savings, mortgages, and insurance payouts.
In an ordinary annuity, payments are made at the end of each period. In an annuity due, payments are made at the beginning of each period.
Yes, you can choose to calculate the future value based on periodic payments, or the periodic payment needed to reach a present value.
