Free Family Money Calculators
(is listed below. The financial planning software modules are on the right-side column)
Confused? It Makes More Sense if You Start at the Home Page
Free Downloads and Money Tools
Our Unique Financial Services
|You can stop searching, because almost all free online family money calculators are listed below
All of our free financial calculators, are on the Time Value of Money Tools demo, except for these, which are here:
The world's most functional free online retirement calculator
Our free 401(k) Calculator is the only one that performs all functions from all other 401k calculators
The bond calculator's demo has the most functional free bond yield to maturity calculator on the web
We also think our free personal budget software is the best the web has ever seen for free downloading too
We listed almost every free online family money calculator on the web. Then we made better free family money calculators in Excel so you can use them offline.
There are hundreds of websites with free online money calculators, but the vast majority just "rent" usage of them from the vendors below. Paying them rent allows webmasters to put the financial calculators on their site in a manner that makes it look like their site built them (when they really just go to a site like Dinkytown to calculate and display the results). So most financial calculators are the same. For example, FinanceCalc.com just VisualCalc.com's investment calculators and MoneyToys uses Wheatworks.
Please keep in mind that Tools for Money didn't make the ones listed below, they're just links to other free online financial calculator websites.
Most calculate the numbers as advertised, but there are so few input fields, that you can't account for most of the details that will dramatically alter Real World results.
Time Value of Money and Financial Calculator Terminology
TVM = Time value of money - the basic concepts of what these financial calculators are all about. PV = Present Value (beginning investment values, or how much something is worth today). PMT = Payments (constant contributions or withdrawals each compounding period, usually added to or subtracted from the scenario monthly). I = Compound interest rate (interest rate or growth rate that is applied at each N compounding period). N = Number of compounding periods (how many times the calculations are done that compound money at the given interest rate, usually in months or years. E.g., If you have $100 and you compound, or add, 10% annual interest, then you'd have $110 as a future value over this one compounding period. If N=2, then it would compound twice, and your ending value would be $121, which is $110 plus 10%). FV = Future value (usually the result, or the amount of money accumulated over N compounding periods). P = Principal, or how much money is being lent or borrowed. ARM = Adjustable Rate Mortgage. APR = Annual Percentage Rate.
This is page 3 of 11 of the free financial calculators:
Family Money Calculators
|Financial Planning Software Modules For Sale|
(are listed below)
|Tools For Money||CalculatorWeb.com||
Have to have Sun Java / ActiveX running (both are security risks)
Same as FinCalc.com and CalcXML.com
This won't work unless you accept their cookies, have your Java turned on (dangerous security risk), and pop-up blocker turned off. It also won't work the first time because it needs to put a cookie on your computer. So click on another calculator after the first attempt fails, then they should all work.
Same as FinanceCalc
All go to a main menu where you have to choose the calculator you want again
|Structured payments vs. lump sum: Which is Better: Cash up Front or Payments over Time (e.g., Lottery Winnings)||Yes, but not free yet.||No.||No.||Which is better: Lump sum or payments?||Input lump sum vs. PMT data, and it calculates and compares the PV of both.||No.|
|Basic Financial Calculators for Math Functions and Miscellaneous Life Calculators||No, and no plans to go there.||Web Hosting Traffic Calculator.||Basic handheld calculator functions (but no financial calculator functions).||Online keypad calculator.||No.||No.|
|World time Calculator||No, but you can just go to http://www.time.gov to get the most accurate time.||World time calculator: See what time it currently is, and how many hours difference, around the world.||No.||No.||No.||No.|
|Paycheck Calculators and Unemployment Calculators||No, and no plans to go there.||Salary Package Value Calculator.||Net to gross paycheck calculator: Input net paycheck, allowances, taxes, deductions, filing status, withholding, and it calculates the gross amount.||Paycheck calculator Daily Wage Calculator.||Converts salary to an hourly wage.||5 inputs calculate how much taxes are saved given various paycheck contributions to qualified plans (Click on "Income withholding calculator")|
|Cost of Raising a Child Calculator||Yes and free.||No.||No.||No.||No.||A few inputs calculate the PV of kid expenses (Click on "Cost of raising children calculator")|
|Don't Delay Your Savings - Pay Debt or Invest?||Yes much better and free.||No.||Compares FVs of two investment plans: Starting now vs. waiting in years.||Should I pay off debt or invest in savings?||No.||No.|
|Emergency Savings Fund Calculator||Yes the most functional ever, but not free. All they do is tell you to calculate your monthly budget, then have three to six months work in the bank.||No.||Starts by taking a percentage of your family budget, then uses the usual TVM calculator to see how long it will take to save that much.||How much should I set aside for emergencies?||Itemizes emergency fund needs then calculates how long what you have now will last.||No.|
|Lunch Savings (Future value of reducing expenses)||Yes much better and free.||No.||Calculate the Future value of savings of bringing your lunch to work instead of eating out.||No.||How much money you'll have (FV) if you forego an expense: Input expense, inflation, N, I, tax bracket, and calculate a FV.||No.|
|Checkbook Balancer||No, and no plans to go there.||Checkbook balancer: Input beginning balance, up to 11 checks and 6 deposits, and it calculates your balance.||Checkbook balancer: Input beginning balance, up to 11 checks and 6 deposits, and it calculates your balance.||Checkbook Register.||No.||No.|
|Credit Assessment||No, and no plans to go there.||No.||Input how many obligations you have, answer some questions, and it calculates a credit score.||No.||No.||No.|
|Home Budgeting and Spending Calculators||Yes, and free.||Family budget calculator: Input incomes and expense and it calculates surplus or deficit.||Family budget calculator: Input incomes and expense and it calculates surplus or deficit. It has more inputs and a pie chart than the others.||Yearly Budget Calculator.||How inflation affects family budgeting: Input expenses, N, and I and it calculates FV (inflated budget amounts).||A dozen inputs calculate total expenses by category (Click on "Cash flow calculator")|
|Net Worth Calculator and Projector||Yes, the most comprehensive ever created, but not free.||Input assets and liabilities, and it calculates a current net worth snapshot.||Input assets and liabilities, then sliders that control their rate of growth, then it calculates net worth projections.||Net Worth Calculator.||Input family assets and liabilities and it calculates current net worth snapshot.||Several inputs calculate standard family net worth snapshots (Click on "Net worth calculator")|
|Life Expectancy and Lifetime Earnings Calculators||Yes, free, use the IRS Unisex Tables, so there's only one input.||No.||Several inputs calculate life expectancy. The most comprehensive because it takes gender, smoking, drinking, and medical history into account.||Two inputs, gender and age, calculate life expectancy.||Two inputs, gender and age, calculates life expectancy. Looks to be outdated. (Click on "Life expectancy calculator")|
|Should the Spouse Work? (Compares expenses of working to net income)||No, and no plans to go there.||No.||It adds up the expenses incurred by working, then compares that to net income.||No.||It adds up the expenses incurred by working, then compares that to net income.||No.|
© Copyright 1997 - 2013 Tools For Money, All Rights Reserved