Annuity Payout Calculator

Calculate fixed-period annuity payouts and totals.

Calculator Inputs

Annuity assumptions

$

Results

Payout summary

Payment per period

$1,754

Total payments

$526,131

Total interest

$226,131

Remaining Balance Over Time

Balance after each year

Payments vs Interest by Year

All 25 years

Yearly Breakdown

First 15 years. Download full schedule for all 25 years.

YearPaymentsInterestPrincipalBalance
1$21,045$14,860$6,186$293,814
2$21,045$14,543$6,502$287,312
3$21,045$14,210$6,835$280,477
4$21,045$13,861$7,185$273,293
5$21,045$13,493$7,552$265,741
6$21,045$13,107$7,939$257,802
7$21,045$12,701$8,345$249,457
8$21,045$12,274$8,772$240,686
9$21,045$11,825$9,220$231,466
10$21,045$11,353$9,692$221,773
11$21,045$10,857$10,188$211,585
12$21,045$10,336$10,709$200,876
13$21,045$9,788$11,257$189,619
14$21,045$9,212$11,833$177,786
15$21,045$8,607$12,438$165,348

How It Works

Step 1: Enter Your Annuity Assumptions

Fill in the following fields:

  • Initial Investment ($): The lump sum you are investing in the annuity.
  • Annual Interest Rate (%): The expected yearly interest rate.
  • Number of Years: How long you want the annuity payouts to last.

Step 2: Calculate

Click “Calculate” to generate your results. The calculator assumes payments are made at the end of each period (not the beginning).

Step 3: Review Your Results

You’ll see:

  • Payment per period: The fixed amount you’ll receive each year.
  • Total payments: All payouts added together over the term.
  • Total interest: How much interest you’ll earn in total.

Step 4: Explore Detailed Breakdowns and Charts

  • Remaining Balance Over Time: A chart showing your balance after each year.
  • Payments vs. Interest by Year: Visualizes how much of each payment goes toward interest versus principal.
  • Yearly Breakdown Table: For the first 10 years, see exactly how much of each payment is interest, how much reduces your principal, and your remaining balance after each year.
  • Download Full Schedule: Get a complete payment and balance schedule for the whole term.

Step 5: Export or Copy Your Results

  • Copy: Quickly copy your summary to paste elsewhere.
  • Export PDF: Download your full results and charts as a PDF.

Export Excel: Export your detailed schedules for further analysis or sharing.

Understanding Annuity Payouts

An annuity is a financial product that provides a series of regular payments over a set period, often used for retirement income or large investments. With a fixed-period annuity, you invest a lump sum and receive equal payments at the end of each period, typically monthly or annually, until the term ends.

This calculator helps you understand how much you’ll receive each period, how payments are split between principal and interest, and what your balance will look like over time. It's ideal for anyone looking to plan predictable withdrawals, compare income options, or see how interest affects their total returns.

For example, if you invest $300,000 at a 5% annual rate over 25 years, you can see how your money is distributed and withdrawn through consistent payments. This helps you make informed decisions about your future cash flow and financial security.

How This Calculator Helps

This Annuity Payout Calculator is designed for clarity and real-world usefulness. By entering your:

  • Initial investment (e.g., $300,000)
  • Annual interest rate (e.g., 5%)
  • Payout period in years (e.g., 25)

…you quickly see:

  • Payment per period – how much you’ll receive each time
  • Total payments – the total amount paid out over the term
  • Total interest – the amount earned as interest over the full period

The calculator also displays:

  • Yearly balance breakdowns – so you know how your principal decreases
  • Payments vs. interest charts – to visualize where your money goes each year
  • Detailed schedules – showing how each payment is split between interest and principal

You can copy results or export them as PDF and Excel files for your records or to share with a financial advisor.