Calculate immediate annuity payments.
Calculate immediate annuity payments and analyze different payout options for retirement income planning
Payment Amount
Total Payments
Total Return
Interest Earned
Effective Rate
Break-even
| Payment # | Payment Amount | Principal | Interest | Balance |
|---|---|---|---|---|
Immediate Annuity Payment:
PMT = PV × [r × (1 + r)ⁿ] / [(1 + r)ⁿ - 1]
PMT = Payment amount
PV = Present value (purchase amount)
r = Interest rate per period
n = Total number of payments
PV =
Rate per period =
Number of payments =
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