Equipment Financing Calculator
Estimate the monthly payment, total cost, and total interest on business equipment financing.
Frequently asked questions
- How is the equipment financing payment calculated?
- This calculator assumes a simple amortizing loan: it finances the equipment cost minus your down payment at the rate and term you choose, then computes the level monthly payment.
- What rate and term should I use?
- Equipment financing rates and terms vary widely by business profile, equipment type, and lender. Try a range to see how the monthly payment changes. Some equipment funding is structured as a lease rather than a loan.
- Is this an offer of financing?
- No. Estimates are for general information only. Actual programs, rates, terms, fees, and structures vary by lender and by business, and not all applicants qualify.
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Y Millennial Funding helps business owners and investors find the right funding. See your options or talk through your numbers with a specialist.