FinCalc

FinCalc


Financial Calculator


$4.99

2023.10.11for iPhone, iPad
9.9
1 Ratings
Joao Frasco
Developer
3.3 MB
Size
Oct 11, 2023
Update Date
Finance
Category
4+
Age Rating
Age Rating
4+
Apps in this category do not contain restricted content.
9+
Apps in this category may contain mild or occasional cartoon, fantasy or real-life violence, as well as occasional or mild adult, sexually suggestive or horrifying content and may not be suitable for children under 9 years of age.
12+
Apps in this category may contain occasional mild indecent language, frequent or intense cartoon or real-life violence, minor or occasional adult or sexually suggestive material, and simulated gambling, and may be for children under 12 years of age.
17+
You must be at least 17 years old to access this App.
Apps in this category may contain frequent and intense offensive language; Frequent and intense cartoon, fantasy or realistic violence: frequent and intense adult, scary and sexually suggestive subjects: as well as sexual content, nudity, tobacco, alcohol and drugs, may not be suitable for children under 17 years of age.
FinCalc Screenshots
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About FinCalc

This is an easy to use financial calculator with five different tabs, all slightly differently configured.

For the car and home calculators, you simply drag a bunch of sliders around, and watch as your monthly installment for car finance or home loans gets recalculated, as well as the graphs demonstrating the payment down of capital and total interest paid.

The retirement calculator allows you to flex many different parameters relating to savings towards retirement, including your current age and the age at which you plan to retire, as well as your real salary increases and real investment return assumptions. You can see how these and other parameters like your current savings, will affect how much you will have at retirement as a multiple of your salary at retirement (under the assumptions entered and no uncertainty).

The living annuity calculator allows you to flex the consumption of your savings at retirement (or any other savings), and will calculate how long your savings are expected to last (again, under the assumptions entered and zero uncertainty). Alternatively, you can now see the results of hundreds of stochastic simulations for the real returns (where I've assumed a return distribution for each level of real return).

You can also see a full payment or savings schedule, and each calculator has its own help / info screen.

Finally, there is a full financial calculator that allows you to not only perform regular calculations, but also financial calculations (including solving for any of the five inputs, namely: term, interest rate, present value, periodic payment, and future value - given the other four).
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What's New in the Latest Version 2023.10.11

Last updated on Oct 11, 2023
Old Versions
Updated to iOS 17.0!
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Version History
2023.10.11
Oct 11, 2023
Updated to iOS 17.0!
2023.05.28
May 28, 2023
Updated to iOS 16.4.
2022.10.01
Oct 1, 2022
Updated to iOS 16!
2021.09.30
Sep 30, 2021
Updated to iOS 15.0!
2021.01.04
Jan 5, 2021
Updated to iOS 14.3!
2020.09.17
Sep 17, 2020
Updated to iOS 14!
5.3
Feb 17, 2020
Updated to iOS 13.3, and smashed some more bugs!
5.2
Feb 7, 2020
Updated to iOS 13.2.
5.1
Oct 23, 2019
Updated to iOS 13.1 and changed some of the look and feel.
5
Oct 4, 2019
Updated to iOS 13, and changed the look and feel completely (fonts and colors)!
4.2
Apr 23, 2019
Added the ability to enter values instead of just using sliders.
4.1
Mar 4, 2019
Bug fixes.
4
Feb 27, 2019
I've added stochastic simulations to the living annuity calculator, allowing you to now see a range of possible results instead of just the expected outcome (essentially, the 25th, 50th, and 75th percentiles from hundreds of simulations). I've also added a "bear" and "bull" case to the deterministic calculator (-1% and +1% respectively) so that you can also appreciate the sensitivity of the expected results to different real return assumptions.
3.1
Jan 18, 2019
I've added an info button and payment schedule to the financial calculator tab and squashed some bugs!
3
Jan 14, 2019
I've add a financial calculator tab to the app to allow you to calculate financial values more accurately. You now have the ability to enter any four of the following, and calculate the fifth: the number of payment periods; interest rate per period; present value; future value; and the periodic payment.
2.2
Sep 17, 2018
Updated to iOS 12!
2.1
Jul 19, 2018
Updated to iOS 11.4.
2.0
Dec 11, 2017
Added a Living Annuity calculator, and made a couple of cosmetic changes.

A Living Annuity is a life wrapper that allows you to draw an income (within limits from 2.5% to 17.5%) from your savings annually. The question most people wonder about, is how much to draw, and how this will impact on how long their savings will last. This calculator will calculate this under certain assumptions, which includes the initial savings and income, along with an assumption for the rate of return expected on the investment. It therefore assumes that this rate of return is earned every year, whereas the reality is that investing is a risky enterprise and returns achieved are stochastic (random). There are many other complexities related to investing, so please use this as a tool to understand the relationship between the variables and assumptions, and not to make investing decisions. Always seek investment advice before investing.
1.3
Sep 19, 2017
Updated to iOS 11!
1.2
Dec 3, 2016
Updated to iOS 10.1 and added haptic (force) feedback to sliders and buttons.
1.1
Sep 20, 2016
Updated to iOS 10.
1.0
May 24, 2016

FinCalc FAQ

Click here to learn how to download FinCalc in restricted country or region.
Check the following list to see the minimum requirements of FinCalc.
iPhone
Requires iOS 17.0 or later.
iPad
Requires iPadOS 17.0 or later.
FinCalc supports English

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