Equipment Financing Calculator
Last updated: November 5, 2026
Estimate equipment loan payments, total interest and optional end-of-term buyout.
Estimated monthly payment
—
- Amount financed: —
- Estimated interest: —
- Total cash paid: —
- End-of-term buyout: —
On this page
Quick summary: Estimate equipment loan payments, total interest and optional end-of-term buyout.
Read the method, example and limitations
Updated reference sections in this guide are in English.
Guide language: English. Updated October 15, 2026.
What this calculator estimates
Equipment Financing Calculator
Inputs and units
Use the units shown for Equipment price ($), Down payment ($), Annual interest rate (%), Financing term (years), End-of-term buyout or residual ($). Required fields cannot be blank. Use zero only where that field and the model allow it. Select Calculate after changing a scenario.
Method and assumptions
Financed principal equals equipment price minus down payment. Solve a monthly payment whose discounted scheduled payments and final balloon equal that principal. Add down payment, all payments and the balloon to get total paid. Reject a balloon that implies a negative payment.
Worked example
Financing 1,000 at 0% over twelve months with no balloon requires about 83.33 monthly. A 2,000 balloon on the same zero-interest loan is outside this payment model.
Limitations
The balloon is due in addition to the last regular payment. Taxes, fees, lease structures, depreciation and prepayment costs are excluded. Years are rounded to a whole number of months.
A residual is still payable at the end
This is a balloon-payment loan model, not a resale-value prediction. The monthly payment repays the financed price less the discounted residual, and the total paid includes down payment, every scheduled installment and the final residual. Financing $12,000 for 24 months at 0% with a $2,400 residual gives $400 monthly payments, followed by $2,400 at the end. A lower installment with a balloon does not erase that final obligation.