Free calculators and unit converters for general and everyday use.

Calculators » Finance » Annuity Deposit

Our online tools will provide quick answers to your calculation and conversion needs. On this page, you can calculate monthly, quarterly, semi-annual, annual annuity payouts for a deposit amount. Annuity payments are fixed payments you will receive over a period of time for investments in "immediate" or "single-premium" annuity insurance scheme.

Android: Use this annuity deposit calculator offline with our all-in-one calculator app.

Advertisement

The calculation for annuity deposits are similar to that of loan repayments. In this case, you lend to the bank at the notified interest rates, contrary to taking a loan from the bank.

Following is the formula to calculate annuity payment:

R = PV / ((1 - 1 / (1 + i)^{n}) / i)

Where,

R = periodic payout

PV = Present Value

n = number of terms

i = period interest rate

© everydaycalculation.com