🔧 Equipment Loan Calculator

Calculate financing payments for business equipment, machinery, and tools with various loan and lease options

Enter your loan information to calculate payments

Loan Amount ($)

Annual Interest Rate (%)

Loan Term (Years)

Extra Monthly Payment ($)

• Make extra principal payments to reduce total interest

• Consider bi-weekly payments instead of monthly

• Shop around for the best interest rates

• Improve your credit score before applying

• Results are estimates for comparison purposes

• Actual rates may vary based on credit and lender

• Consider additional costs like insurance and taxes

• Consult with financial advisors for major decisions

1. Enter equipment purchase price

2. Input down payment amount

3. Set loan term and interest rate

4. Compare loan vs lease options

5. Calculate monthly payments

6. Analyze tax benefits and depreciation

✓ Loan vs lease comparison

✓ Tax benefit calculations

✓ Depreciation considerations

✓ Seasonal payment options

✓ Equipment value tracking

✓ ROI analysis tools