Ultimate Financial Calculator
Calculate any unknown for regular & irregular cash flows. Create printable reports with dates for loans or investments. Solve for:
- Present Value (PV)
- Future Value (FV)
- Payment amount, rate or term
- Annualized rate-of-return
- Penny perfect payoff amounts
What is the Ultimate Financial Calculator?
The Ultimate Financial Calculator (UFC) is the most sophisticated, most flexible calculator on AccurateCalculators.com and I think on the entire internet.
If you are someone who needs date accurate time value of money calculations for either regular or irregular cash flows (loans, payments, deposits, withdrawals, investments), this is the calculator you should study and use.
See the tutorials for step-by-step guides.
Questions?
Feel free to post your questions, comments or concerns at the bottom of this page. Remember, I'm here to help. There's a lot more below
Recent changes and enhancements
- Jan. 10, 2024: Changed the default long and short-period interest options under "Settings." This means you will not get the same results you previously had unless you reselect your preferred setting.
- 2023: Save any schedule's data to Word/docx or Excel/xlsx files. Click on "Schedule" then "Continue" past the title page.
- The calculator automatically sorts the cash flow prior to file save and calculation. This fixes the issue where the "Unknown" did not calculate due to overlapping dates in different cash flow series unless the user had clicked the "Expand" button.
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
- Present value (PV)
- Future value (FV)
- Balloon payment amount
- Payment required to reach a specific balloon
- Number of payments
- Discounted values
- Remaining balance
- Deposit required
Any type of calculation method
- Normal amortization or investment
- Rule-of-78s
- Canadian methods
- U.S. Rule — simple interest
- Supports 360, 364, 365 and 366 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
Flexible Reports & Schedules
- Amortization & investment schedules
- Select a fiscal year end
- Reg. Z APR disclosure calculation
- Track or keep an "Open Balance"
- Track escrow payments and disbursements
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 — principal only
- 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
*What are 360, 364, 365 and 366 day years?
The days-per-year option impacts interest rate calculations. The calculation divides the nominal annual rate by 360 for equal length periods, 365 for actual length periods, and 366 if a leap year. Advanced calculators, such as the Ultimate Financial Calculator, give the user the ability to select the days-in-year. You will see the impact to interest when there are odd days (that is, irregular periods), or when compounding is set to daily or exact. Many other calculators on this site support this option.
Calculators the Ultimate Financial Calculator Replaces
With this calculator's flexibility, it will meet the needs of anyone searching for:
- loan repayment calculator
- loan payoff calculator
- mortgage payoff calculator
- repayment calculator
- student loan repayment calculator
- home loan repayment calculator
- car loan repayment calculator
- debt payoff calculator
- early mortgage payoff calculator
- debt repayment calculator
- individual or specialty TVM calculators
Tell us how you use the Ultimate Financial Calculator. And naturally, if you have any questions, feel free to ask them below.
Michael Bagwell says:
Is there a way to test the Ultimate Financial Calculator to ensure functionality? We have a copy of C-Value! 2.0 from 2019 and want to be sure we don’t lost functionality.
Karl says:
You should be able to use the calculator on this page (the page you posted from).
Did you try it? Did you run into some particular problem?
The calculator, with respect to the calculations, is fully functional and unlimited. If you want to print, export or save your data to a file, more than three times, then you’ll need to subscribe.
smurphy says:
Hello,
I subscribed to your calculators some time ago, with automatic renewal. It is now telling me I need to subscribe to print a schedule.
Karl says:
Hi, if you are using the one on this page, you are not in the subscriber section of the website. The only calculator you can use without limits, is the one you subscribed to, and you’ll see that one immediately after you log in.
Karl says:
I see you subscribed to the SolveIT! Bundle. In that case, you’ll first see a list of links after you log in. You must use those links to get to the subscriber calculators.
You can tell if you are in the subscriber section of the website. You won’t see any 3rd party advertisements. 🙂
djmorris52 says:
Hello,
I have a loan of $3,000,000.00. Terms are interest only at 8% for 2 years, then 61 amortized payments of interest + principal, but amortized on a 12 year, 365 days basis with the principal balance in a balloon payment after the 61 months. I have changed the settings to 365 days, and entered the info into two separate payment lines. I’m missing something because the 61 month amortization does not calculate. I made the change from “interest only” to “normal.” Can you help?
Karl says:
I’ll try to.
When you say “it doesn’t calculate”, you mean you have set the third line to "Unknown" under "Amount" and when you click the "Calculate" button, nothing happens? If so, do you see a message below the calculator?
So you know, if I understand you right, you’ll need to do this calculation in two steps.
Line one: The loan amount.
Line two: The interest only payments for 24 months.
Line three. The regular P&I payment. Amount is Unknown. The # of payments (for now) is 144. This is to calculate the payment for 12 years (assuming monthly payments)
Click Calculate.
Line three (again): Change the # of Payments now to 61 payments and leave the calculated payments as it is.
Line four: Set the amount to “Unknown” and the # of payments to 1. (This is the balloon.)
Click Calculate a second time.
Let me know how this works for you.
djmorris52 says:
Yes, it works perfectly. I think what I missed originally was when I changed the payment amount to unknown in line 3, I failed to also enter unknown in the cash flow options. The last part of your instructions, though, advising to change the actual # of payments in line 3 after calculating, then add line 4 to get the balloon was very helpful and makes it much more professional than the handwritten notes I was using. Thanks so much!
Karl says:
I’m glad to hear that helped.
You can throw away those hand written notes :-). Here are two tutorials with screenshots for reference:
calculate the final balloon payment.
payments required to reach a particular balloon amount