---
title: "Annuity Calculator — Present Value and Future Value of Payments"
description: "Calculate the present value or future value of annuity payments. Covers ordinary annuity vs annuity due, UK pension annuity rates vs US annuity products. Free, no ads."
url: "https://worldcalculators.org/calculators/annuity/"
canonical: "https://worldcalculators.org/calculators/annuity/"
---

# Annuity Calculator

Calculate the present value or future value of annuity payments. Covers ordinary annuity vs annuity due, UK pension annuity rates vs US annuity products. Free, no ads.

## Quick answer

An annuity is a series of equal payments made at regular intervals. It can refer to a financial product (an insurance contract that pays income) or simply a mathematical cash flow pattern. The present value of an annuity tells you how much a stream of future payments is worth today.

## Frequently Asked Questions

An annuity is a series of equal payments made at regular intervals. It can refer to a financial product (an insurance contract that pays income) or simply a mathematical cash flow pattern. The present value of an annuity tells you how much a stream of future payments is worth today.
In the UK, pension freedoms since 2015 mean you no longer have to buy an annuity at retirement. UK annuity rates are regulated and vary by provider and age. US annuities come in many forms: fixed, variable, indexed, and immediate. UK annuity rates are typically lower than US rates due to different interest rate environments and life expectancy tables.

Source: https://worldcalculators.org/calculators/annuity/
Markdown mirror of the HTML page. Prefer this URL for RAG; the interactive calculator still lives on the HTML page.