MVA Calculator (Market Value Adjustment)
Estimate market value adjustment for early surrender of fixed annuities or CDs. Factor based on original vs current rates.
Use the MVA Calculator (Market Value Adjustment)
Enter principal, original rate, current rate, and years. MVA factor and adjusted value are calculated.
Inputs
Principal, original rate (locked in), current rate, years. For early surrender or MVA products.
Results
MVA factor
0.9083
Adjusted value ($)
$90,832
MVA amount ($)
-$9,168
When current rate exceeds original, factor is less than 1; surrender value is reduced.
How this calculator works
MVA factor = ((1 + original rate) / (1 + current rate)) raised to years. Adjusted value = Principal times factor.
How to interpret your results
When rates have risen, factor is below 1 and surrender value is reduced. Actual products use their own MVA formulas.
FAQs
What is MVA?▾
Market Value Adjustment. When you surrender early, the value is adjusted based on how rates have changed since you purchased.
Which inputs matter most?▾
Principal, original rate (what you locked in), current rate (today), and years. When current exceeds original, surrender value drops.
When would I use this?▾
To estimate surrender value for fixed annuities or MVA CDs; product formulas may differ.
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