Who it is for
Anyone financing equipment, a vehicle, or working capital.
Business and Money · Calculator · Free
The real cost of that truck, machine or loan Equipment & Loan Payment Calculator
Monthly payment, total interest, and what the thing actually costs by the time you own it. Plus a full payoff schedule.
Runs in your browser. Nothing to install. Save the result or embed it on your site.
Your numbers
Revenue this thing produces, or the cost it removes.
What that means
Monthly payment: $945.08
$945.08
Monthly payment
$56,705 paid over 60 months
$11,705
Total interest
26.0%
Interest as percent of price
$1,254.92
Entered amount minus payment
20.5 months
Principal / entered monthly amount
What you borrowed$45,000
What the bank keeps$11,705
Estimated monthly schedule, final payment adjusted to cents
| When | Payment | Interest | Principal | Balance |
|---|---|---|---|---|
| Month 1 | $945.08 | $356.25 | $588.83 | $44,411.17 |
| Month 2 | $945.08 | $351.59 | $593.49 | $43,817.68 |
| Month 3 | $945.08 | $346.89 | $598.19 | $43,219.49 |
| Month 4 | $945.08 | $342.15 | $602.93 | $42,616.56 |
| Month 5 | $945.08 | $337.38 | $607.70 | $42,008.86 |
| Month 6 | $945.08 | $332.57 | $612.51 | $41,396.35 |
| Month 7 | $945.08 | $327.72 | $617.36 | $40,778.99 |
| Month 8 | $945.08 | $322.83 | $622.25 | $40,156.74 |
| Month 9 | $945.08 | $317.91 | $627.17 | $39,529.57 |
| Month 10 | $945.08 | $312.94 | $632.14 | $38,897.43 |
| Month 11 | $945.08 | $307.94 | $637.14 | $38,260.29 |
| Month 12 | $945.08 | $302.89 | $642.19 | $37,618.10 |
| Month 13 | $945.08 | $297.81 | $647.27 | $36,970.83 |
| Month 14 | $945.08 | $292.69 | $652.39 | $36,318.44 |
| Month 15 | $945.08 | $287.52 | $657.56 | $35,660.88 |
| Month 16 | $945.08 | $282.32 | $662.76 | $34,998.12 |
| Month 17 | $945.08 | $277.07 | $668.01 | $34,330.11 |
| Month 18 | $945.08 | $271.78 | $673.30 | $33,656.81 |
| Month 19 | $945.08 | $266.45 | $678.63 | $32,978.18 |
| Month 20 | $945.08 | $261.08 | $684.00 | $32,294.18 |
| Month 21 | $945.08 | $255.66 | $689.42 | $31,604.76 |
| Month 22 | $945.08 | $250.20 | $694.88 | $30,909.88 |
| Month 23 | $945.08 | $244.70 | $700.38 | $30,209.50 |
| Month 24 | $945.08 | $239.16 | $705.92 | $29,503.58 |
| Month 25 | $945.08 | $233.57 | $711.51 | $28,792.07 |
| Month 26 | $945.08 | $227.94 | $717.14 | $28,074.93 |
| Month 27 | $945.08 | $222.26 | $722.82 | $27,352.11 |
| Month 28 | $945.08 | $216.54 | $728.54 | $26,623.57 |
| Month 29 | $945.08 | $210.77 | $734.31 | $25,889.26 |
| Month 30 | $945.08 | $204.96 | $740.12 | $25,149.14 |
| Month 31 | $945.08 | $199.10 | $745.98 | $24,403.16 |
| Month 32 | $945.08 | $193.19 | $751.89 | $23,651.27 |
| Month 33 | $945.08 | $187.24 | $757.84 | $22,893.43 |
| Month 34 | $945.08 | $181.24 | $763.84 | $22,129.59 |
| Month 35 | $945.08 | $175.19 | $769.89 | $21,359.70 |
| Month 36 | $945.08 | $169.10 | $775.98 | $20,583.72 |
| Month 37 | $945.08 | $162.95 | $782.13 | $19,801.59 |
| Month 38 | $945.08 | $156.76 | $788.32 | $19,013.27 |
| Month 39 | $945.08 | $150.52 | $794.56 | $18,218.71 |
| Month 40 | $945.08 | $144.23 | $800.85 | $17,417.86 |
| Month 41 | $945.08 | $137.89 | $807.19 | $16,610.67 |
| Month 42 | $945.08 | $131.50 | $813.58 | $15,797.09 |
| Month 43 | $945.08 | $125.06 | $820.02 | $14,977.07 |
| Month 44 | $945.08 | $118.57 | $826.51 | $14,150.56 |
| Month 45 | $945.08 | $112.03 | $833.05 | $13,317.51 |
| Month 46 | $945.08 | $105.43 | $839.65 | $12,477.86 |
| Month 47 | $945.08 | $98.78 | $846.30 | $11,631.56 |
| Month 48 | $945.08 | $92.08 | $853.00 | $10,778.56 |
| Month 49 | $945.08 | $85.33 | $859.75 | $9,918.81 |
| Month 50 | $945.08 | $78.52 | $866.56 | $9,052.25 |
| Month 51 | $945.08 | $71.66 | $873.42 | $8,178.83 |
| Month 52 | $945.08 | $64.75 | $880.33 | $7,298.50 |
| Month 53 | $945.08 | $57.78 | $887.30 | $6,411.20 |
| Month 54 | $945.08 | $50.76 | $894.32 | $5,516.88 |
| Month 55 | $945.08 | $43.68 | $901.40 | $4,615.48 |
| Month 56 | $945.08 | $36.54 | $908.54 | $3,706.94 |
| Month 57 | $945.08 | $29.35 | $915.73 | $2,791.21 |
| Month 58 | $945.08 | $22.10 | $922.98 | $1,868.23 |
| Month 59 | $945.08 | $14.79 | $930.29 | $937.94 |
| Month 60 | $945.37 | $7.43 | $937.94 | $0.00 |
Fixed-rate monthly-payment estimate; monthly interest and payments round to cents and the final payment adjusts. Fees, insurance, operating expenses, taxes, and lender terms are excluded. Revenue minus the payment is not net profit; principal divided by revenue is not a complete payback calculation.
What this assumed
- Fixed-rate monthly amortization with cent-rounded interest and regular payments; the final payment adjusts to reconcile the balance.
- No fees, insurance, taxes or balloon payments are included.
Runs in your browser. Nothing you type is sent anywhere.
Not financial advice
This is an illustration, not personalized financial advice. It does not account for your full financial picture, and nobody here is your financial advisor. Talk to a licensed professional before acting on a number from a free calculator.
You ran this on October 5, 2026. Rates and rules change, so check the date before you rely on a saved copy.
What this tool actually does for you
The problem it points at
The dealer sells you the monthly payment. Nobody says the total out loud.
What you walk away with
The full number before you sign, and a schedule you can keep.
How to use it
Takes about two minutes. Be honest with the numbers, the tool is not going to tell anybody.
- Enter the amount financed, rate and term.
- Read the monthly payment and total interest.
- Compare the payment with the entered monthly amount, then account for costs outside the model.
Keep learning
Go a little deeper.
See how this tool fits a practical task, with a guide you can follow at your own pace.
Put this tool on your own website
Free forever. I host it. You keep it.
This is a real lead magnet you can run on your own site tonight. Somebody lands on your page, plays with the numbers, sees what their problem costs, and now they are on your website instead of a competitor's. Costs you nothing, and I keep it working.
- Scroll up and press Put this tool on my website. The code appears right there, no form.
- Copy the one line you get.
- In your website editor, add an Embed, HTML or Custom Code block on whatever page you want it on.
- Paste it in, save, publish.
- Check it on your phone, then send people to that page.
Works on
WordPress, Wix, Squarespace, Shopify, GoDaddy, Webflow, Duda, HubSpot, ClickFunnels, or plain HTML. Anywhere that takes an embed code.
What it costs you
Nothing. No monthly fee, no expiring trial, no watermark you have to pay to remove. If you get stuck putting it in, text me at (903) 500-8898 and I will help you place it.
Part of these collections
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Now imagine the whole website doing real work.
A five-page site built to capture leads and follow up, in accounts you own. The result is a working site, not a promise of leads.