Equipment Financing Calculator
Compare different equipment financing structures side by side. See your monthly payment, your end-of-term balloon (if any), and the true total cost of ownership.
= $7,500 cash at signing
Typical equipment APR ranges from 7% (strong credit, $50K+) to 25% (newer businesses).
$1 Buyout (own at end)
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How this calculator works
- 1
Enter the total cost of the equipment, your down payment, term, and the APR your lender quoted.
- 2
Choose your structure: $1 Buyout (you own it free and clear), 10% Buyout, or Fair Market Value (FMV) lease.
- 3
We compute your monthly payment using a balloon-aware amortization formula and surface the total cost so you can compare offers honestly.
Numbers look good?
See what your business actually qualifies for. It won't impact your credit score.
Frequently asked questions
Is equipment financing the same as a lease?▾
No. With financing you own the equipment and pay off a loan; with a lease you make payments and decide what to do at the end (buyout, return, or upgrade). $1 Buyout leases work like financing for tax purposes.
Why is APR higher than my mortgage rate?▾
Equipment loans are unsecured against most other business assets, terms are shorter, and underwriting is faster. Rates typically range from 7% to 30% depending on credit, time in business, and equipment type.
Can I deduct equipment payments?▾
Often yes — under Section 179 for owned equipment, or as an operating expense for true leases. Talk to your CPA about your specific structure.