Calculator
Equipment Financing Calculator
Estimate monthly payments and total financing cost for machinery, vehicles, or any business equipment purchase.
Many equipment loans require 10–20% down
Equipment financing rates typically range 5–15%
months (custom, up to 120)
Estimated Payment Breakdown
Monthly Payment
$1,502.85
per month for 60 months
Amount Financed
$75,000
Total Interest
$15,171
Free, no obligation
How equipment financing works
Equipment financing is a secured loan where the equipment itself serves as collateral. Because lenders can repossess the asset if you default, rates are often lower than unsecured business loans. Terms typically match the useful life of the equipment — vehicles and light machinery usually 24–72 months, heavy equipment up to 84–120 months.
Many lenders offer 100% financing (no down payment) for new equipment with strong credit, though a 10–20% down payment can meaningfully reduce your monthly payment and total interest paid.