Check the payback
Compare the monthly payment with the extra profit or savings the equipment should produce. If the payback depends on optimistic adoption, test a slower ramp.
Run the numbers
Blue = you enterGreen = calculatedGray = assumptionAmber/red = check this
$
% APR
Use a rate you were quoted, or test a range. Not a quote.
years
10 years / 120 months
% of loan
Estimated monthly payment
$1,099.88
Total interest
$46,986
Total repaid
$131,986
Fixed-rate, fully amortizing estimate. Excludes variable-rate changes, prepayment terms, guarantee fees and closing costs unless entered. Not an offer or approval.
Talk to a financing specialistOptional. Your result stays on this page.
Estimates only. Results vary. No guarantee of approval, rates or savings.
Talk with a financing specialistCommon questions
Does this work for leases?
It approximates a $1-buyout lease. Fair-market-value leases are priced differently.
What term should I pick?
Close to the equipment's useful life — not longer.
Are taxes included?
No. Add sales tax, delivery and installation if financed.