Equipment Loan Calculator

To use this free calculator, enter values for the Loan Amount, Number of Months for Loan, and the Interest Rate (e.g. 9.95), and click the Calculate button. Clicking on the Reset button will clear entered values.

Bear in mind that finance companies include different ongoing and establishment fees. This equipment loan calculator is a guide only, the method of calculating interest varies from lender to lender, plus the following values would not include associated charges and fees of a loan.

Loan Amount
Loan Length in Months
Interest Rate

Enter only numeric values (no commas), using decimal points where needed.
Non-numeric values will cause errors.