Free Financial Tools for Financial Planning

Try some of our free, useful financial tools that we have provided for your convenience. If you have a financial tool you would like to add, then just send us an email and Bookmark This Page and check back regularly for updates.

Users of our financial tools may also find the Small Business Administration (SBA) as a useful resource for Small Business Tools. Additionally, Financial Planning Tool kit is a wonderful resource to help you manage your financing and plan for the future.

All tools are free to use on our website. These tools can also be purchased and downloaded in Microsoft Excel. Most tools only cost $6 to download.

Select a Tool:

Free Financial Statement Template Tool
The financial statements template tool is designed to work as an internal document for organizations. This tool creates an Income Statements, Statements of Cash Flow, and a Loan Amortization Schedule. There are 8 main areas the user can change to create their financial statements: Revenue, Expenses, Tax Rate, Depreciation, Loan, Investment, Assets Purchased, and Assets Sold.

Click here to use this tool: Financial Statement Template Tool

Free Loan Amortization Schedule Tool
The loan amortization schedule details each loan payment on a loan. Amortization schedules are used to build financial statements. This tool allows the user to simply input the loan amount, loan interest rate and loan term. The output will break down the month, balance, interest, principle, and payment.

Click here to use this tool: Loan Amortization Schedule Tool

Free Loan Amortization Schedule Tool With Additional Payments
The loan amortization schedule details each loan payment on a loan. This tool will allow the user to add additional payments each month to pay off the loan sooner. This tool allows the user to simply input the loan amount, loan interest rate and loan term. The output will break down the month, balance, interest, principle, and payment.

Click here to use this tool: Loan Amortization Schedule Tool 2

Free Compounding Interest Calculator Tool
The compounding interest calculator shows how much can be saved by compounding savings overtime. An amortization schedule can be seen after you have calculated the savings. This tool provides a monthly breakdown of the funds accumulating overtime.

Click here to use this tool: Compounding Interest Calculator Tool

Free Debt Repayment Calculator Tool
The debt repayment calculator details how many months it will take to be debt free, total amount paid (includes total debt and interest) and total interest. This tool creates a visual representation of how much money is saved and how much sooner you can be debt free. This tool can be used for home loans, credit cards, and any other periodic payment loans.

Click here to use this tool: Debt Repayment Calculator Tool

Free Business Valuation Tool
The business valuation tool provides detailed information on investor return based on a 5 year investment. The tool can be used to make an estimate of the economic value of the investor's interest in a business. This tool can be used to calculate multiple injections of funds. Contact Butler Consultants for a more detailed business valuation.

Click here to use this tool: Free Business Valuation Tool

Free Balance Sheet Ratios Tool
The balance sheet ratios tool includes a quick ratio and a current ratio. These ratios are very useful in determining the financial strength of an organization. Both ratios are an indicator of an organization's short-term liquidity and measures the company's ability to pay short-term debt.

Click here to use this tool: Balance Sheet Ratios Tool

Free Return On Ratios Tool
The return on ratios tool provides the user with three different ratios: return on assets (ROA), return on sales (ROS), and return on equity (ROE).

Click here to use this tool: Balance Sheet Ratios Tool

Front and Back Mortgage Ratios Tool
Mortgage ratios are important for the mortgage approval process. Mortgage ratios come second only to your credit report as the most important factor an underwriter will consider when reviewing a loan application. Mortgage ratios are frequently referred to as Front and Back Mortgage Ratios and are expressed as "24/32".

Click here to use this tool: Mortgage Ratios Tool

Certificate of Deposit (CD) Calculator
This calculator is designed to help determine the potential interest growth on your Certificate of Deposit. This tool will also work for other investments with distributed interest payments.

Click here to use this tool: Certificate of Deposit (CD) Calculator

Vehicle Lease or Buy Calculator
This tool allows the user to determine if buying a vehicle or leasing it is the best option.

Click here to use this tool: Vehicle Lease or Buy Calculator

IRR Internal Rate of Return Calculator Tool
This tool allows the user to measure the IRR of 3 separate projects. The internal rate of return (IRR) is a capital budgeting metric used by people to decide whether they should make an investment in the project. It is an indicator of the efficiency or quality of an investment.

Click here to use this tool: IRR Internal Rate of Return Calculator Tool

How Much Home Can I Afford Calculator
This tool allows you to find out what amount could be borrowed for a home.

Click here to use this tool: How Much Home Can I Afford Calculator