Financial Calculator

The TVM Solver is your all-purpose financial calculator. It works in every context where money moves over time: mortgages, auto loans, credit cards, student loans, savings targets, retirement income, annuities, leases, bonds, and more. Master this tool and you can model virtually any scenario with confidence.

Common Use Cases

Instructions:

Enter any four values and leave one field blank to calculate it.


Starting Value
Ending Value
per Month
per Year
Years


Terminology:

  • PV = Present Value (starting amount)
  • FV = Future Value (ending amount)
  • Payment = Monthly payment amount
  • Rate = Annual interest rate (as percentage)
  • Periods = Number of years

Cash Flow Direction:

PMT can be positive or negative depending on the type of payment:

  • Positive Payment: Payment increases the starting value.
  • Negative Payment: Payment decreases the starting value.

Examples:

  • Calculate FV: PV=1000, Rate=12, Payment=100, Periods=1, leave FV blank
  • Calculate Rate: PV=1000, FV=2000, Payment=0, Periods=1, leave Rate blank