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Discount a future lump sum or stream of payments back to today. Result stays in your browser
Present Value Calculator is loading — interactive editor will appear here. Use examples below to try instantly once loaded.
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Computes the present value of a future lump sum (PV = FV / (1+r)^n) and, optionally, the present value of a stream of equal annual payments (PV annuity = PMT × [1-(1+r)^-n]/r, with an annuity-due variant).
Money today is worth more than the same amount later because it can earn a return. Discounting future amounts to the present lets you compare offers, settlements, and investment payouts on a like-for-like basis.
This tool is part of the DevStackIO platform — a collection of free online developer tools from DevStackIO. Browse more free developer resources on DevStackIO.
Investors pricing future payouts, savers comparing lump-sum vs installment offers, students learning time value of money, and anyone evaluating a deferred payment.
Enter the future value you will receive
Enter the annual discount rate (your alternative rate of return)
Enter the number of years until receipt
Optionally add an equal annual payment and choose its timing (end vs start of year)
Read the total present value and its lump-sum and payment components
FV $10,000 at 5% for 10 years → PV about $6,139.13FV $1,000 at 5% for 1 year → PV about $952.38$1,000 per year for 5 years at 5% (end of year) → PV about $4,329.48Adding start-of-year timing multiplies the annuity PV by (1+r)What discount rate should I use?
Your best alternative rate of return, such as a savings rate or expected portfolio return.
What is annuity-due?
Payments made at the START of each period; each payment earns one extra period of interest, so the PV is (1+r) times the ordinary annuity PV.
Is my data shared?
No, everything runs locally in your browser.
What happens at a 0% rate?
PV equals the undiscounted sum of the future amounts.
Can the present value be negative?
Only if the future value is negative; with positive inputs PV is always positive.
Authoritative specifications, standards, and in-depth reading for Present Value Calculator.
Amount you will receive at the end
Annual rate of return you could earn elsewhere
Number of years until the future amount is received
Equal payment received each year; leave 0 for a single lump sum
End of year (ordinary annuity) or start of year (annuity due)
Present value
$6,139.13
PV of lump sum
$6,139.13
PV of payments
$0.00
Time discount
$3,860.87
Not financial advice
The results from this calculator are provided for general informational and educational purposes only. They are estimates based on the assumptions you enter and do not constitute financial, tax, legal, or investment advice, nor a recommendation to buy, sell, or hold any financial product. Tax codes, rates, and regulations change frequently and vary by country, state, and local jurisdiction — and may differ based on your individual circumstances, employer plan rules, and provider policies. Always verify the figures with current official sources and consult a qualified financial, tax, or legal professional before making any financial decision. All calculations run privately in your browser; nothing you enter is sent to our servers.
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