Present value of annuity is current value of future payments with discount rate. Money received today is worth more than same amount in future due to time value. Annuity provides stream of payments over time, either immediate or deferred
Present value is the current worth of future money or cash flows. Money today is worth more than future amounts due to time value. Future value is discounted back to present value using discount rate
Loan estimates available 8am-10pm ET Monday-Friday, 8am-6:30pm ET Saturday. Prequalification required for online banking access. Closing cost calculator available for estimating total expenses
NPV calculates difference between present value of cash inflows and outflows. Used in capital budgeting to analyze project profitability. Positive NPV indicates project profitability, negative NPV suggests loss
Goal Seek helps find the input value needed to achieve a desired result. It works only with one variable input value. Multiple input values require the Solver add-in
Calculator helps estimate monthly payments and total interest costs. Results don't affect credit score. Calculator is for informational purposes only