There has been recent interest in fast calculations of the tokamak axisymmetric vertical instability for real time feedback control purposes. It is shown that the maximum eigenvalue for the basic rigid version of this stability problem can be obtained by finding the positive root to a simple scalar function. This function can be generalized to include plasma mass and has complexity linear in the number of conductive elements. The formulation is based on standard matrix decompositions of the fixed-geometry part of the eigenproblem. The calculation bottleneck is the summary of mutual inductances from the reconstructed equilibrium current density. The with-mass spectrum can be made fully real-valued by the addition of a critical amount of damping with negligible effect on the vertical growth rate. The calculation has been implemented in the plasma control system at the DIII-D tokamak and used in experiments.