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Equipment financing
Equipment financing calculator
Estimate the monthly payment on machinery, vehicles, or technology, including your down payment and any balloon due at the end of the term.
$
$1,000$5,000,000
%
0%50%
mo
12 mo84 mo
%
0%40%
$
$0$37,500
Optional amount due at the end of the term (up to 50% of price).
Estimated monthly payment
$1,401.19
Your down payment of $7,500 is paid up front and is not part of the loan.
- Amount financed
- $67,500.00
- Down payment
- $7,500.00
- Total interest
- $16,571.34
- Total cash repaid
- $84,071.34
Cost breakdown
- Principal $67,500
- Interest $16,571
Free to check. No obligation. We'll pre-select $50,000 to $100,000.
These figures are estimates for education only. Not an offer of credit. These estimates are not a quote or a commitment. Actual payments, rates, and fees depend on the provider, underwriting, and the official loan terms. Flokapital is a funding brokerage, not a lender.
Payment schedule (selected months). showhide
| month | Payment | Principal | Interest | Balance |
|---|---|---|---|---|
| 1 | $1,401.19 | $894.94 | $506.25 | $66,605.06 |
| 2 | $1,401.19 | $901.65 | $499.54 | $65,703.41 |
| 3 | $1,401.19 | $908.41 | $492.78 | $64,795.00 |
| 4 | $1,401.19 | $915.23 | $485.96 | $63,879.77 |
| 5 | $1,401.19 | $922.09 | $479.10 | $62,957.68 |
| 6 | $1,401.19 | $929.01 | $472.18 | $62,028.67 |
| 7 | $1,401.19 | $935.97 | $465.22 | $61,092.70 |
| 8 | $1,401.19 | $942.99 | $458.20 | $60,149.71 |
| 9 | $1,401.19 | $950.07 | $451.12 | $59,199.64 |
| 10 | $1,401.19 | $957.19 | $444.00 | $58,242.45 |
| 11 | $1,401.19 | $964.37 | $436.82 | $57,278.08 |
| 12 | $1,401.19 | $971.60 | $429.59 | $56,306.47 |
| 24 | $1,401.19 | $1,062.75 | $338.44 | $44,062.92 |
| 36 | $1,401.19 | $1,162.44 | $238.75 | $30,670.83 |
| 48 | $1,401.19 | $1,271.48 | $129.70 | $16,022.47 |
| 60 | $1,401.19 | $1,390.76 | $10.43 | $0.00 |
How to use this calculator
- 1Enter the full equipment price and the share you plan to put down.
- 2Choose a term that roughly matches how long the equipment will be productive.
- 3Add a balloon only if your provider offers one. It lowers the monthly payment but leaves a lump sum at the end.