The inrush current of transformer can flow when the overvoltage caused by surge or external faults is applied. In this paper, an algorithm for the calculation of this inruch current is proposed. The capacitances of windings are precalculated by using 3 dimensional FEM and are appended to circuit of the transformer. And transient characteristics of the transformer are analyzed by axisymmetric FEM which is coupled magnetic field of transformer and circuit of transformer. When a transformer encounters abnormal voltage, using the proposed method, internal magnetic field of transformer, voltages and currents of windings are calculated.