Texas Instruments BA II Plus - Best Financial Calculators

Best Financial Calculators for Students and Professionals

Financial Calculators are mostly used by the students of financial management course.  However, financial calculators are also used by business people and professionals too. High-end financial is required to do advanced financial operations which are different from normal calculators.

Best Financial Calculators 2017

If you are going to buy a financial calculator for some course then it is best to buy a cheap one which is able to do basic things. But to do advance financial functions a good calculator is required. Here is a list of best financial calculators for every kind of needs.

1. Texas Instruments BA II Plus – Best financial calculator

The Texas Instruments BA II Plus is best financial calculator of common financial functions. It has worksheet mode which includes tables for amortization, bond, depreciation, and compound interest. It also can perform cash-flow analysis and advanced list-based statistics.

Texas Instruments BA II Plus - Best Financial Calculators
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Pros Cons
Performs common math as well as various financial functions The UI design can look a bit bad to some people
Built-in memory for storage of previous worksheets Can be very SLOW to perform some operations
Worksheet mode includes tables for amortization, bond, depreciation, and compound interest  Buttons are not fast enough sometimes
Can perform cash-flow analysis and advanced list-based statistics

2. Sharp EL-334WB – Best business calculator

The Sharp EL-334WB is the best business calculator in our choice. It has 12 digits large LCD display with fold up kickstand. Cost, sell and margin keys helps to quickly and easily calculate profit margin. It has other basic features like double zero button, grand total etc, which are must have for a business calculator.

 

Sharp EL-334WB - Best business calculator
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Pros Cons
12 digit large LCD screen with fold up kickstand This calculator is little bulky in size (Full dimension: 6.6 x 4.4 x 1.5 inches)
Cost/sell/margin keys make for quick and easy profit margin calculations With the kickstand up the calculator is not a stable, so effects fast calculation
Functions include: grand total key, double zero key, backspace key, automatic tax keys, percent key, 4 key independent memory, extra-large plus key, sign change, and automatic power down
Durable plastic keys

3. HP 12CP Financial Calculator – Best heavy duty financial calculator

Professionals and students who need a durable financial calculator, for them HP 12CP Financial Calculator is the best choice. This calculator is robust and portable with Energy Star Certification. It has 120 built-in functions for business, finance, mathematics, and statistics, including date calculations. RPN data entry can be done efficiently by this calculator.

HP 12CP Financial Calculator - Best heavy duty financial calculator
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Pros Cons
High Quality, Durable and Portable design Key layout of this calculator is a bit odd for few people
Over 120 built-in functions for business, finance, mathematics, and statistics, including date calculations Again the buttons of this calculator can feel cheap and lousy
Efficient data entry using RPN
Energy Star Certified

4. HP 10bII+ Financial Calculator – Most efficient financial calculator

If it comes to efficiency of a financial calculator then the HP 10bII+ Financial Calculator is the most efficient financial calculator. This calculator is good for both business and finance needs. With over 100 time-saving and efficient built-in functions, calculation with this calculator this quicker and smoother.

HP 10bII+ Financial Calculator - Most efficient financial calculator
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Pros Cons
Over 100 time-saving, easily-accessible business functions. Can be bit laggy while doing large calculations
Easily calculate loan payments, interest rates and conversions, standard deviation, percent, TVM, NPV, IRR, cash flows, and more. The screen is not bright or clear enough for few people
It uses standard infix notation
Permitted for use on the CFP Certification Exam.

5. Calculated Industries 3415 Qualifier Plus IIIX – Best real-estate financial calculator

The Calculated Industries 3415 Qualifier Plus IIIX is the best real-estate finance calculator. It has versatile functions for buyer pre-qualifying for conventional and FHA/VA loans to show homes within price range. This calculator can calculate combo loans and other payment options. Also, tax calculation is easier with this calculator.

Calculated Industries 3415 Qualifier Plus IIIX - Best real-estate financial calculator
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Pros Cons
Versatile buyer pre-qualifying for conventional and FHA/VA loans to show homes within price range Recommended only for real estate related individuals, not recommended for other use
Complete PITI payment solutions to demonstrate interest only and other “What If” scenarios
Amortization with remaining balances and calculate combo loans (80:10:10 and 80:15:05), bi-weekly loans, ARMs provide flexible payment options
Easy rent vs. buy comparisons and estimated tax savings show benefits of ownership

After seeing the complete list of best financial calculators if you are still unable to make decision to buy the perfect calculator for yourself, please do let us know by commenting below. If you need the printing functionality also, take a look at best printing calculators.

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