Annuity Table Creator
Generate a comprehensive table for an ordinary annuity or loan repayment.
Σ The Formula
Real World Examples
# About This Calculator
An annuity is a series of equal payments made at regular intervals. In the context of a loan (like a mortgage or car loan), the borrower pays an annuity to the lender to systematically reduce the principal and cover interest costs.
This Annuity Table Creator allows you to customize the payout frequency (Annual, Quarterly, or Monthly) to see exactly how your money moves. It uses the time-value-of-money formula to ensure each payment is identical while the ratio of interest to principal shifts over time.
Understanding an annuity table is vital for long-term financial planning, as it highlights the "cost of time"—the cumulative interest paid over the life of the agreement.
How To Use
- Enter the **Principal Amount** (the starting loan or investment).
- Enter the **Annual Interest Rate**.
- Enter the **Total Term** in years.
- Select the **Payment Frequency** (Monthly, Quarterly, or Annual).
- Review the generated table to see the breakdown of each period.
Frequently Asked Questions
What is an ordinary annuity?+
How does frequency affect interest?+
Is Annuity Table Creator free to use?+
How accurate is Annuity Table Creator?+
Can I use Annuity Table Creator on my phone?+
Do you save my data?+
About
An annuity is a series of equal payments made at regular intervals. In the context of a loan (like a mortgage or car loan), the borrower pays an annuity to the lender to systematically reduce the principal and cover interest costs.
This Annuity Table Creator allows you to customize the payout frequency (Annual, Quarterly, or Monthly) to see exactly how your money moves. It uses the time-value-of-money formula to ensure each payment is identical while the ratio of interest to principal shifts over time.
Understanding an annuity table is vital for long-term financial planning, as it highlights the "cost of time"—the cumulative interest paid over the life of the agreement.