The 10 Best Financial Calculators

Sara Mandeed
Written by
Last update:

The best financial calculator is not a one size fits all product. This is because financial calculators are used for a wide variety of purposes beyond simply crunching numbers for your financial goals. So in order to select the best financial calculator you must first know what you need to use your calculator for. The calculator can then be selected based on your intended use. In other words, you cannot go to a store and purchase the first calculator you see. You must decide what your requirements and needs are about the calculator and then you can purchase it. However, the disadvantage with these calculators is that they are not designed for students or those individuals who are studying trigonometry or math. Therefore, below is a list of the ten best financial calculators for 2021.

NameCategoryProduct
HP 12CP Financial CalculatorBest OverallHP 12CP Financial Calculator
The Best Sharp EL-738FB 10 Digit Financial CalculatorBudget PickThe Best Sharp EL-738FB 10 Digit Financial Calculator
DM15LUpgrade PickDM15L

1. HP 12CP Financial Calculator

Our rating: 9 / 10

HP 12CP Financial Calculator

Check Price on Amazon

Pros:

  • Easy-to-use device
  • Large and easy-to-read screen
  • Comes pre-loaded with thousands of calculation options, including unit conversions, loans, savings, and mortgages
  • Includes four memories
  • High number of functions
  • Backlit display
  • High-quality construction
  • 12-digit display

The 12-function HP 12CP Financial Calculator is amazing value for anyone who needs to do basic, complex, or percent calculations. From loan payments to figuring out how much you can save each month, this calculator will have you covered. It comes with 12 total memory banks, and the calculator can perform up to four consecutive calculations by entering the result of the first into the fourth.

This HP financial calculator is very ergonomic and includes large buttons for easy use. The buttons are very responsive and easy to press, and you’ll get results immediately. The 12-digit display is easy to read and backlit so you can use it in a darkened environment. It also has an included Currency conversion function, which is great for people who are traveling overseas and need to use a foreign currency.

2. Calculated Industries 3405 Real Estate Master IIIx Residential Real Estate Finance Calculator

Our rating: 9 / 10

Calculated Industries 3405 Real Estate Master IIIx Residential Real Estate Finance Calculator

Check Price on Amazon

Pros:

  • Robust financial calculator with a clear and simple layout
  • Easily solves complex financial equations
  • Solves math problems on loans, mortgages, and amortization
  • Perfect for real estate agents
  • Easy-to-use keys are clearly labeled with functions
  • Displays one- or two-line displays
  • Easy to set up
  • Great for beginners and intermediate users

Cons:

  • Keys are a bit small
  • Bigger than the usual calculators
  • Display could be clearer

Calculated Industries has always provided some of the best-quality financial and accounting calculators ever, and the Real Estate Master IIIx is one of the best in their lineup. The Real Estate Master has a two-line display, and easy-to-use, clearly-labeled function keys for a more efficient use when solving real estate financial calculations.

Note* The Calculated Industries 3405 Real Estate Master IIIx is a quality product with very positive customer reviews; however, this calculator has trouble displaying all the digits for more accurate results.

3. DM15L

Our rating: 9 / 10

DM15L

Check Price on Amazon

Pros:

  • Small, compact design
  • Ideal for your money management needs
  • User-friendly
  • Multiple functions
  • Attractive looking appearance

We found that the best financial calculator to buy offers a concise user-interface. It also needs to be compact in size so you can easily carry it with you. The precise calculations are also important for people in the financial services, because it can help determine risk and the potential return on investments.

The calculator we found that offers all of the criteria mentioned above is the ASA International DM15L. It is a relatively inexpensive calculator from ASA, and it’s only about 4.2 inches long, 1.86 inches wide, and 3.15 inches tall. This is a compact design that’s perfect for easily storing in your pocket or purse.

The calculator has a relatively basic design, with a white and orange color scheme. It’s got a retro-looking style that’s perfect for work, school, or home. It even comes with a desk stand so you can place it upright or at an angle according to your needs.

4. HP 10bII+ Financial Calculator

Our rating: 8 / 10

HP 10bII+ Financial Calculator

Check Price on Amazon

Pros:

  • Easy-to-use calculator
  • Decent battery life
  • Easy-to-read display
  • Large number keys
  • Numerous functions well-suited for its purpose

Cons:

  • Only suitable for left-handed people
  • Some customers report malfunctions
  • Not ideal for technical or expert calculations

Right off the bat, many customers enjoy the large-numbered keys on this calculator. The HP 10bii+ easily fits in your hand, and the keys are labeled with letters instead of symbols. While this may or may not matter, it should be noted that it’s definitely more convenient for reading and typing in numbers and equations.

This calculator is fully compatible with Microsoft Windows, and can do everything from convert currencies to keep track of your appointments. It even comes equipped with a solar cell that can keep it charged so you don’t have to worry about replacing the battery.

Some users report that they’ve had trouble with accuracy on their HP 10bii+, but this can be solved by recalibrating the unit. Other users report that their calculators stopped working after a few months, but were replaced by HP quickly.

5. Casio FC-200V Financial Calculator

Our rating: 8 / 10

Casio FC-200V Financial Calculator

Check Price on Amazon

Pros:

  • Saves time and steps
  • Excel-compatible
  • Features advanced quick keys
  • Easy to navigate menu
  • Durable construction with metal casing
  • Easy-to-read display

You have to be pretty intelligent in order to make financial calculations and have a bulletproof record keeping so that you don’t mess up. However, we can tell you one thing that will save you a lot of steps and time when you’re using and calculating finance for your company.

Our top pick in the category of Best Financial Calculators is the Casio FC-200V, mainly because even though it’s a financial calculator, it’s very far from the one you’re used to imagining.

This calculator allows you to store information from different documents, thus saving you a lot of time so you don’t have to do it manually.

6. HP 17BII+ Financial Calculator

Our rating: 8 / 10

HP 17BII+ Financial Calculator

Check Price on Amazon

Pros:

  • Eye-catching design
  • Water-resistant and durable
  • Consistent and accurate
  • Easy-to-use interface
  • Large screen with high-contrast colors
  • Durable and water-resistant so it can be used in the rain
  • Arithmetic functions for efficient calculations
  • Equation function for more complex calculations
  • Statistics calculations for an easy probability check
  • Division, fractions, trigonometry, and constants for the complex calculations

Cons:

  • Does not open up like a laptop which makes the screen very hard to read
  • Support for complex conversion is limited
  • Does not recognize fractions well

Review:

  • Does not open up like a laptop which makes the screen very hard to read
  • Support for complex conversion is limited
  • Does not recognize fractions well

7. Sharp EL-738FB 10-Digit Financial Calculator

Our rating: 7 / 10

Sharp EL-738FB 10-Digit Financial Calculator

Check Price on Amazon

Pros:

  • Large display screen for easy reading
  • Large 10-digit display
  • Can be used for basic calculations, including fractions, multiple currency conversions, and more
  • Slide-on hard cover
  • Certified to meet a variety of international electrical safety standards

Make sure the model you choose is the right one. Sometimes this product is not displayed on the product page, so be sure to check the product description or ask an online sales associate before you buy!

Sharp’s EL-738FB is an innovative and professional calculator that can keep up with any of your financial needs. This calculator has a 10-digit display, a chromatic liquid crystal display screen, and a full-keyboard to give you maximum precision. It’s also incredibly lightweight at only 12.8 ounces, making it easy to carry with you.

The calculator uses solar energy to power its battery, so you never have to deal with replacing batteries. This product is also certified under a variety of international safety standards, so you can count on it to give you accurate information. It also has an on / off switch, which makes it incredibly easy to conserve battery life or just shut the calculator off when you’re not using it.

8. The Best Sharp EL-738FB 10 Digit Financial Calculator

Our rating: 7 / 10

The Best Sharp EL-738FB 10 Digit Financial Calculator

Check Price on Amazon

Pros:

  • Including tax and tip calculations
  • Value reviews
  • Very affordable
  • Calculator made in Japan
  • Quad-color 4-key memory
  • Easy to carry
  • LCD show screen
  • Extra-large display

Cons:

  • Not include AAA Battery
  • May be broken or unworkable
  • A bit smaller than previous models

The EL-738FB Personal Financial Calculator is designed with features that help you easily assess finances for everyday life. This includes tax, tip, and other allowances in calculations. It also offers a VAR/FV value review, in addition to other features that are built into the high-quality calculator.

Now, when you look at the Sharp EL-738FB, you might wonder why we considered it among the top 10 financial calculators. The reason is that it is packed with features that make it a valuable asset to have, so it will come in handy for everyone in your home. Plus, it’s a reliable calculator that comes at a mid-range price.

9. TEXBAIIPLUS – BAIIPlus Financial Calculator

Our rating: 7 / 10

TEXBAIIPLUS - BAIIPlus Financial Calculator

Check Price on Amazon

Pros:

  • Simple, easy-to-use design
  • Durable and economical
  • Ideal for students and professionals
  • Easy to navigate through financial calculations
  • Automatic random number generator
  • Displays percentages, decimals, and fractions
  • Includes two carrying straps and a hard case

Cons:

  • Only available in one color
  • Operation can be finicky

The TexbaIIPlus Financial Calculator by Texas Instruments is an all-in-one calculator designed to solve complex financial equations and give you a 360° view of your financial situation. It is a basic but extremely useful calculator that has all the necessary functions to help you with your personal finances.

With the use of a random number generator, you can use the TexbaIIPlus to easily make bet simulations for online sports betting or roulette tables.

The calculator offers additional memory and an easy access to statistical analysis. It also has a differentiation function and multiple equation solving capabilities. It is a great tool for students, teachers, analysts, business owners, and investors to check their personal financials.

10. Texas Instruments BA Real Estate Financial Calculator

Our rating: 6 / 10

Texas Instruments BA Real Estate Financial Calculator

Check Price on Amazon

Pros:

  • Easy-to-use layout design
  • Comes with a variety of pre-loaded functions
  • Features big keys with a large display
  • Operates on two AAA batteries
  • Can be used by experienced investors, as well as newbies

Cons:

  • Not easy to read (many small figures)
  • Keys need some force to press
  • Not the most attractive design

People have different needs and demands when it comes to financial calculators. One person might want to check the value of investments, while another might be looking to make purchases. It’s important to know which calculator to buy.

For example, if you want to buy a house, you’ll want a calculator that assists you with calculating mortgages, APRs, and so on. This is precisely why we’ve decided to review one of the top financial calculators: the Texas Instruments BA Financial Calculator.

This calculator comes with numerous preloaded functions to help you calculate and analyze investments and mortgages, rental earnings, amortization, PMI, and much more. However, it’s important to note that the calculator doesn’t come with a variety of portfolio accounts or prepackaged functions. This means you have to do some of the calculations yourself.

Frequently Asked Questions (FAQ)

What is the best financial calculator to buy?

Depending on your personal financial situation and what your goals are for your future, it’s most likely you will want to purchase a budget calculator, an amortization table, or a root calculator.

Which calculator is best for FRM exam?

Factors that you have to consider are the capability of the calculator to provide the relevant outputs such as:

  • Present value
  • Future value
  • Internal rate of return
  • Net present value
  • Time value of money
  • Capital recovery, etc.

As far as I can see the HP 12C, the Texas Instruments BA II plus, and the HP 15C are top-rated calculators among the candidates who are taking FRM exam.

What is a financial calculator used for?

Financial calculators are for the mathematical modeling of financial questions and puzzles.

They are a tool which helps provide a clear perspective of how your financial situation would evolve in a given situation. They also provide a deeper understanding of the reasons behind the numbers and what the different parameters mean.

Math aside, they are also quite useful in helping you understand more complex financial concepts such as compounding interest, inflation, investing, real estate or sales(B2B).

They are also an essential tool for those who wish to be financially independent, by helping them sort their cash flows, analyze their investments and understand their required savings (or investments) rate to achieve their FI number.

What's the difference between a financial calculator and scientific calculator?

A financial calculator is designed with specific features with the goal of helping you make good financial decisions. These calculators will have things like amortization tables, APR functions, units conversion, and perhaps even tax-related functions. Scientific calculators are good for math and science related functions.

You don't really need a calculator at all to perform the calculations needed to make most of the financial decisions. You do, however, need one to convert between units, e.g. peso and dollar. So, what do you do if you don't really need a financial calculator to do your calculations but you have one anyway? Read more books on finance!

Conclusion

This list has been last updated on July 1, 2019. While searching for the best financial calculator, we reviewed hundreds of financial calculators. We have selected these 10 based on: price, features and reputation.

Click on the table to read a full review.

Our Recommendation

NameCategoryProduct
HP 12CP Financial CalculatorBest OverallHP 12CP Financial Calculator
The Best Sharp EL-738FB 10 Digit Financial CalculatorBudget PickThe Best Sharp EL-738FB 10 Digit Financial Calculator
DM15LUpgrade PickDM15L