There might be affiliate links on this page, which means we get a small commission of anything you buy. As an Amazon Associate we earn from qualifying purchases. Please do your own research before making any online purchase.
Most of us appreciate advice that helps us build smart financial habits. But what if that advice comes from an app? Would you still take it?
I hope you would because a financial calculator app can help assess your financial health. It can track your spending habits and your purchasing power.
Further, it can educate you to make sound financial decisions. For example, using a financial calculator’s compound interest feature will reveal if the state of your finances is capable of paying off a car loan in two years, or if a 30-year mortgage is worth it.
With these obvious benefits, it’s a good idea to have at least one app installed on your phone to help build smart money habits. You might also want to check out this review featuring the best money-saving apps.
But which app works best?
To help you make a choice, we’re featuring several financial calculators for iPhone and Android. Some of these apps are even based on classic financial calculators (the ones with the buttons and narrow screens) designed for serious calculating.
Regardless of the format, they are all helpful, valuable tools for developing financial health.
(Side note: One of the best ways to get what you want from life is to create and set SMART goals. To get started, check out this FREE printable worksheet and a step-by-step process that will help you set effective SMART goals.)
Best Financial Calculators for iPhone and Android
Modeled after Hewlett Packard’s 10BII financial calculator, this app has more than a hundred functions for computing the financial, mathematical, or statistical answers you need.
This is the app you need when you want precise TVM calculations. The results are presented to you in a cash-flow diagram.
Other calculations that you can easily do with this app include loan payments, mortgage payments, interest rates, and investment value. The financial calculator app is great for finance and business experts, while also being accessible to others who might need a top-performing tool for calculating.
Issues with the app are immediately addressed by a highly responsive customer service.
2. Financial Calculators
This app is perhaps the most comprehensive option when it comes to financial calculators. If you’re looking for an app that tells you your financial numbers—for retirement, a loan, a small business, investments, amortization, and so much more—get this one!
Whether you’re a professional number cruncher, a finance undergraduate, or someone who likes to take care of the state of their finances, this app will help you with your calculation needs.
If you’re looking for an app that gives you the same features as the original HP 12c financial calculator, then you’ve got to try this tool from Vicinno. It uses the Reverse Polish Notation (RPN) system to give you reliable results every time.
You can calculate for TVM or bonds, and can also use it to estimate depreciation of your assets, or for statistical analysis. It allows you to copy and paste calculation results for more convenience.
4. Touch RPN
Here is another emulator app based on the HP 12c RPN system. This one is also available for either iOS or Android users.
This emulator app functions exactly like the HP 12c. But this means that it also possess the limitations of the HP 12c.
You have a choice to use the app as a scientific or financial calculator. Calculation modes are called “flavors.” Both a basic financial flavor and a scientific one are available for free.
The other “flavors” are available after purchase. They are ad-free and contain extra features. These flavors are emulators of other calculation systems, such as the algebraic/RPN financial flavor, financial flavor with Black-Scholes, and scientifically advanced flavor.
Use the financial mode to make accurate calculations of annual interest rates, loan amortizations, and TVM.
This app is nicknamed “the everything calculator” because of the sheer number of calculations supported.
To date, it supports over 400 calculations, including algebraic, financial, investment return, and profit margin. These calculations are available in pre-made templates (for business, health and fitness, investing, engineering, construction, etc.), making them more convenient to use.
In addition, the app developer also gives users a chance to personalize their calculating experiences through three visual themes.
6. Quick Business Calculator
Whether you manage a small business, are a financial consultant, or are launching a startup, this app lets you know the state of your financial health with the click of a few buttons.
This calculator gives accurate results for your cash flow, markups, sales funnel, taxes, discounts, etc. A couple of unique features can help improve the flow of your business operations, including contract legality and market position.
This is a reliable tool for use in your daily business calculations. Moreover, you can use it for accounting and commercial calculations. It is especially helpful in making crucial business and financial decisions.
7. Bighorn Loan Calculator
via App Annie
With this app, you can easily keep track of your loan payments. It is a fast and reliable way to get an overview of a loan status.
The app is ideal for those who work in the finance sector, such as accountants and real estate agents, and those who need to a tool that gives fast calculation results.
You can create PDF versions of amortization timetables. This app also has a sharing feature that allows you to email amortization schedules to your colleagues or clients. You can also sync your files to iCloud to ensure that you have them backed up.
8. BA Financial Calculator Pro
This emulator of the Texas Instruments BA II Plus Professional Financial Calculator is perhaps the most efficient one available to date. It is designed to make calculations run smoothly, especially for accountants and small business owners or managers.
With this app, you can calculate your net present value and reinvestment rate, among other business calculations. You can also use it to analyze statistics or your cash flow. It’s also quite helpful for calculating bond prices and loan repayments.
In addition to financial calculations, the app can also perform trigonometric and scientific functions. It also allows you to save up to 10 calculations for future reference.
via Bohemian Boomer
You can literally leave a paper trail with this app, as it allows you to make calculations on a digital paper tape.
In addition, the app lets you make notations on each line in the calculation, and save your calculations for future reference. Furthermore, you can add or delete a line within the calculation and the results will automatically update.
This app is helpful for tracking your expenses. You can annotate each line with the type of expenditure made. If you want to spice things up a bit, the developer even added several colorful themes for a more personalized calculating experience.
10. MathU RPN Calc
This app also emulates the classic Hewlett Packard financial calculators built with the RPN system. MathU RPN Calc provides fast computations with IEEE-standard, double-precision accuracy. This means that it provides rapid and reliably accurate computation results.
As a financial calculator, you can use the app to calculate for TVM. It can also help you project interest rates and loan payments.
11. Expense Manager Pro
via Best App Tip
If you need an app that helps keep track of your spending, this one is right for you. With its expense and income calendar, it is very easy to use and quite effective at helping you meet your financial goals.
You can use the app for tracking your expenses and organizing your bills and budget. It also helps you learn better money saving habits.
If you keep your bills and receipts in separate places, this app can help consolidate everything in one place for ease of access. It also ensures that you don’t miss a payment with its payment alert feature.
For keeping track of your expenses, the app records every item in a specific category, along with the corresponding amount. This way, you get an overview of your spending habits. It also helps you decide where to cut back, and what expense category you’re actually spending money on.
12. EMI Calculator by Technofornity Software Solutions
To help you figure out how much you need to pay for a loan on a monthly basis, you’re going to need a reliable EMI (equated monthly installment) calculator. That’s exactly what this app provides!
The app can calculate for mortgages or other loans. It allows you to keep track of all of your current loans. It also has a payment reminder feature that alerts you when an EMI is due, so you don’t miss any payments.
13. Financial Calculator by Roaming Squirrel
via Roaming Squirrel
Whether you’re a business owner, accountant, or finance student, this apps provides accurate results for any calculations.
It features a financial mode, which includes calculations for breaking even cash flow, compound interest, and interest conversion. When applicable, the app also provides graphs and tables to accompany calculation results.
14. Loan Calculator by Rishi Kapoor
This app offers a straightforward interface that gives you the results you need when it comes to calculating loans of any type.
You can view the graph, statistics, or chart of a particular loan, plus the overview of payments you need to make for the duration of the loan.
So there you have it—15 financial calculator apps to help you keep your fingers on the pulse of your financial health.
The aim of these apps is to educate you about the state of your finances. They give you a glimpse of how life can be more prosperous, or where you might lose money. Being aware of your financial status helps you develop smart money habits that will benefit you in the long run.
If you want more information on apps that can help you build smart financial habits, check out this review of the best money-saving apps for budgeting, investing, and saving.
Finally, if you want to take your goal-setting efforts to the next level, check out this FREE printable worksheet and a step-by-step process that will help you set effective SMART goals.