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Equipment Financing Calculator

The equipment secures the financing, so terms are usually matched to how long the machine will earn.

$150,000
$5,000 – $5,000,000
11.00%
5% – 30%
5 years
1 year – 7 years
Monthly payment
$3,261.36
Total interest
$45,682
Total repaid
$195,682
Amount borrowed
$150,000
Payments
60
See what you qualify for →

Estimates only. Actual rates, terms and payments are set by the lender and depend on your business, your credit and the product. Nothing here is an offer of credit or financial advice.

How this calculator works

Equipment financing is usually a fixed-payment loan, so the calculator uses the standard amortization formula with the term you choose.

Matching the term to how long the equipment will earn for you keeps the payment covered by the income the equipment produces.

Worked example

Financing $80,000 of equipment at 9% APR over 60 months costs about $1,661 a month, or roughly $19,640 in interest in total.

Estimates only. Actual offers depend on the lender, your business and the final terms.

Related funding
Equipment Financing & Leasing →

Buy the equipment you need — the equipment itself is the collateral.

$10,000 – $5,000,000 · 24 – 48 hours

See what you qualify for

One application, a soft credit check, and real offers ranked by total cost — in minutes.

No obligation · Checking your options won't affect your credit score.