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The Ultimate Financial Calculator is the most sophisticated, most flexible calculator on financial-calculators.com and I think on the entire internet. If you are someone who needs date accurate results with irregular cash flows (loans, payments, deposits, withdrawals, investments), this is the calculator you should study and use. Questions? Remember, I'm here to help. More below...»

Idx No Series Date Amount # Periods Frequency End Date Series Options cmpFreq specialSeriesType SpecialSeriesStruct
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What is Time Value of Money?

Time Value of Money (TVM) is the concept that the value of money itself changes over time. Having a dollar today is worth more than a dollar tomorrow. Solving for present value, future value, amount, interest rate and term are some common time value of money calculations. The above online Ultimate Financial Calculator is capable of performing any of these calculations with regular or irregular amounts on any date for savings or loan cash flows.

Calculator's Features

Solve for any unknown

  • Payment or loan amount
  • Deposit or withdrawal
  • Yields: APR, APY or IRR
  • Balance as of a specific date
  • Date a specific balance is reached *
  • Present value (PV)
  • Future value (FV)
  • Balloon payment amount
  • Payment required to reach a specific balloon
  • Number of payments
  • Interest rates - nominal or effective *
  • Discounted values
  • Remaining balance
  • Deposit required

Any type of calculation method

  • Normal amortization or investment
  • Rule-of-78s
  • Canadian methods
  • US Rule — simple interest
  • Supports 360, 364 and 365 day years
  • Exact day or periodic interest calculations

Scheduled (but adjustable) Payment Frequencies

  • Daily
  • Weekly
  • Bi-weekly
  • Twice monthly (Half-month)
  • Every 4 weeks
  • Monthly
  • Bi-monthly (every two months)
  • Quarterly
  • Every 4 months
  • Semi-annual
  • Annual

 * Feature only available in C-Value! ™,
our cash flow calculator for Windows™

Flexible Reports & Schedules

  • Amortization & investment schedules
  • Schedules with details or totals only *
  • Custom headers and labels *
  • Change fonts, colors *
  • Select a fiscal year end *
  • Reg. Z APR disclosure report *

Handles any type of cash flow

  • Normal
  • Interest only
  • Enter your own payment amount
  • Negative amortization
  • Skipped payments or deposits
  • Fixed principal + interest
  • Percent step amounts
  • Dollar step amounts
  • Balloon payments
  • Extra payments
  • Payments to interest
  • Cash flow amounts set to any random date

Compounding Frequencies

  • Exact day simple
  • Daily compounding
  • Weekly
  • Bi-weekly
  • Twice monthly (Half-month)
  • Every 4 weeks
  • Monthly
  • Bi-monthly (every two months)
  • Quarterly
  • Every 4 months
  • Semi-annual
  • Annual
  • Continuous
  • Change the frequency of compounding during a cash flow
  • No compounding option when rate changes

Financial Calculations Step-by-Step Tutorials

The below tutorials walk you through the steps for setting up the indicated financial calculation. I recommend that you right click on a link and select "Open in New Window" so you can have the calculator handy in this window as you read.

  1. Calculate Payment
    • loan or mortgage periodic payment calculation
    • also an introduction to this calculator
  2. Investment Cash Flow
    • calculating final value
  3. Calculate Income From An Investment
    • How to calculate income you can expect from an investment
  4. Adjustable Rate Mortgage or Loan
    • ARM with interest rate changes on any date you desire
  5. Calculate a Loan's Term
    • How to solve for an unknown number of payments
  6. Calculate Loan Amount
    • How much can I borrow?
  7. Balloon Payment Calculation
    • Calculate the balloon amount
  8. Balloon Loan Calculation
    • Calculate the periodic payment required to result in a specified balloon
  9. Random Extra Principal Payment
    • How to prepay principal on any date
  10. Loan with Series of Extra Principal Payments
    • How to calculate loan or mortgage with extra payments
  11. Construction Loan
    • Generally a short term loan with multiple borrows
  12. Monthly Skipped Payments
    • Loan or mortgage with scheduled skipped payments
  13. Odd Length First Period
    • Interest payment options for initial period
  14. Interest Only Loan
    • Initial series of interest only payments
  15. Biweekly Mortgage Payments
    • Pay 1/2 the monthly payment every other week to reduce the total interest paid
  16. US Rule
    • No interest charged on interest — separate tracking of interest balance
  17. How much do I have to save or invest?
    • State your goal - calculate periodic investment amount needed to reach goal
  18. Paying for College
    • You may have longer than you think
    • Multiple investments with multiple, overlapping withdrawals
    • Demonstrates solving for unknown in complex cash flow
  19. Future Value Calculation
    • How to set up simple or complex cash flows to calculate FV
  20. Present Value Calculation
    • How to discount a simple or complex cash flow to find its PV
  21. Calculate PV of Fixed Principal + Interest Loan
    • Calculate PV of the declining payment amount
    • Demonstrates the cash flow analytics of this calculator
  22. Calculate Rate of Return (ROR) on Annuity
    • How to set up an annualized ROR calculation
  23. Calculate Time It Takes to Reach Investment Goal
    • Set a goal and see how long it takes to reach it
  24. Calculate ROI for X Days
    • Exact day return on investment calculation
  25. Calculate Loan Balance — Loan Payoff Calculation
    • Enter payments for any amount on date made — audit balance due


Feel free to let me know if you have an idea for an additional tutorial.

41 thoughts on “ultimate-financial-calculator

  1. Hi Karl,

    Just found your calculator.. looks very good!

    I’m trying to help my daughter understand her student loan pay-back situation(mess). She has multiple loans with different rates and timings.

    Will the Ultimate Financial Calculator handle multiple loans/different rates and timings? We are trying our best to help her make sure she is correctly allocating her payments to attack the most offensive loans first. Any help would be greatly appreciated!

    Thanks & Regards,
    Carl S

    • Hello Carl, the (Almost) Ultimate Financial Calculator is designed to handle one loan or investment cash flow at a time. It will allow the user however to do a lot of what-ifs. What-if I make a single extra payment in month 15? How much will I save over time? What if the interest rate changes? etc.

      The calculator will handle interest rate changes but it won’t handle multiple loans with different interest rates with overlapping periods.

      The way I would approach this problem is enter the details for each loan and print a schedule. (You can also use the Amortization Schedule Calculator on this site too which maybe faster.) The schedules will show you running interest due as well as interest for each year. Find the loan that accrues interest the fastest an try to pay that one off first. (Personal opinion – not advice).

  2. Karl,

    I downloaded the C-Value calculator to try and set up a loan with fixed principal payments. The person has skipped several payments and I need to let them know how much they owe including accrued interest. Does the C-Value calculator have the fixed principal loan option? I do not see this option for C-value only for the amortization schedules.

    Thank you.
    Lisa G.

    • Hi Lisa, yes, both C-Value! and this calculator support fixed principal. To activate, you’ll need to have 2 or more payments on a row. Then click in the right most column to open the special series settings window. There’s is an option there for “FIXED PRINCIPAL + INTEREST”.

Comments, suggestions & questions welcomed...

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