# Step-by-Step Tutorials

For the Ultimate Financial Calculator

The below tutorials will step you through the indicated calculation. I recommend that you right click on a link and select Open in New Window so you can have the calculator available to do the steps as you read.

## Twenty-Five TutorialsFor the Ultimate Financial Calculator™ (UFC)

1. Calculate Payment
• loan or mortgage periodic payment calculation
• also an introduction to this calculator
1. Investment Cash Flow
• calculating final value
2. Calculate Income From An Investment
• How to calculate income you can expect from an investment
3. Adjustable Rate Mortgage or Loan Calculator
• ARM with interest rate changes on any date you desire
4. Calculate a Loan's Term
• How to solve for an unknown number of payments
5. Calculate Loan Amount
• How much can I borrow?
6. Balloon Payment Calculation
• Calculate the balloon amount
7. Balloon Loan Calculation
• Calculate the periodic payment required to result in a specified balloon
8. Random Extra Principal Payment
• How to prepay principal on any date
1. Loan with Series of Extra Principal Payments
• How to calculate loan or mortgage with extra payments
2. Construction Loan Calculator
• Generally a short term loan with multiple borrows
3. Monthly Skipped Payments
• Loan or mortgage with scheduled skipped payments
4. Odd Length First Period
• Interest payment options for initial period
5. Interest-Only Loan
• Initial series of interest-only payments
6. Biweekly Mortgage Payments
• Pay 1/2 the monthly payment every other week to reduce the total interest paid
7. US Rule
• No interest charged on interest — separate tracking of interest balance
8. How much do I have to save or invest?
• State your goal - calculate periodic investment amount needed to reach goal
9. Paying for College
• You may have longer than you think
• Multiple investments with multiple, overlapping withdrawals
• Demonstrates solving for unknown in complex cash flow
1. Future Value Calculation
• How to set up simple or complex cash flows to calculate FV
2. Present Value Calculation
• How to discount a simple or complex cash flow to find its PV
3. Calculate PV of Fixed Principal + Interest Loan
• Calculate PV of the declining payment amount
• Demonstrates the cash flow analytics of this calculator
4. Calculate Rate of Return (ROR) on an Annuity
• How to set up an annualized ROR calculation
5. Calculate Time It Takes to Reach Investment Goal
• Not available - planned.
6. Calculate ROI for X Days
• Exact day return on investment calculation
7. Calculate Loan Balance — Loan Payoff Calculation
• Enter payments for any amount on date made — audit balance due
• Calculate the penny perfect pay off amount