Annuity Payment Factor Calculator
This Annuity Payment Factor Calculator helps you find the factor used to calculate fixed periodic payments for a loan or investment based on a constant interest rate and number of periods.
Annuity Payment Factor Calculation Tool
Annuity Payment Factor Formula
$$\text{Annuity Payment Factor} = \frac{r}{1 – (1 + r)^{-n}}$$
Where:
- $$r$$ = Interest rate per period (as decimal)
- $$n$$ = Total number of payment periods
The Annuity Payment calculator is useful for financial planning, helping you determine how much you need to pay or save periodically to meet a loan repayment schedule or a future financial goal. It assumes a fixed interest rate and equal payment intervals.