Free Tool
Equipment Financing Calculator
Estimate monthly payments for equipment loans including residual value and total cost of ownership.
US$150,000
US$10,000US$5,000,000
10% (US$15,000)
0%50%
7%
3%20%
48 months
12 months72 months
10% (US$15,000)
0%30%
Monthly Payment
US$2,961.05
Amount Financed
US$135,000
Down Payment
US$15,000
Residual Buyout
US$15,000
Total Financing Cost
US$22,130
Total Cost of Ownership
US$172,130
Equipment (US$150,000) + Financing (US$22,130)
Frequently Asked Questions
Residual value is the estimated worth of the equipment at the end of the financing term. With a residual buyout option, you pay lower monthly payments during the term, then have the option to purchase the equipment at the residual value when the loan ends.
The required cash contribution depends on the equipment, financing structure, applicant and partner. Enter the amount from a partner quote, and confirm whether taxes, installation or other costs must be paid separately.
Yes, many lenders offer financing for both new and used equipment. Used equipment may have slightly higher rates or shorter terms, and lenders may require an appraisal to confirm the equipment's value.
Want to Request a Financing Introduction?
Submitting our initial form does not itself run a credit check or guarantee an offer. A third-party financing partner controls eligibility and terms.
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