Annuities are financial instruments that offer a level stream of regular payments lasting for a fixed number of periods. Common examples of annuities include retirement pensions, leases, and mortgages. Use this template to calculate the future payments for a loan, its interest rate, and the number of payment periods.
This open-access Excel template is a useful tool for bankers, investment professionals, corporate finance practitioners, and portfolio managers.
Annuity is among the topics included in the Quantitative Methods module of the CFA Level 1 Curriculum. Gain valuable insights into the subject with our Math for Finance course.
You can also explore other related templates such as—Present Value of Annuity, Future Value of Annuity, and Present Value of Perpetuity.