Calculator

Parametric payout calculator.

Enter an observed value, the trigger thresholds, and a payout limit to estimate a settlement under a linear, step, or capped curve. Runs entirely in the browser; no data is sent anywhere.

Observed value Attachment (trigger threshold) Exhaustion (full payout point) Maximum payout Payout curve Direction

How the curves work

Linear — payout scales smoothly from 0 at the attachment point to the full limit at the exhaustion point.
Step — the range between attachment and exhaustion is divided into four equal bands, paying 25%, 50%, 75%, and 100% of the limit as the observation crosses each band.
Capped slope — payout equals (observed − attachment) × slope, with the result capped at the limit. Useful when an exhaustion point is not defined, only a per-unit rate.

Calculator scope. This tool models the payout side of a parametric contract only. It does not compute premium, expected loss, basis risk, or capital. Live contracts should rely on a documented calculation agent and verified data feeds, not a browser tool.