Equipment Loan Payment Calculator
Estimate monthly equipment-financing payments, total interest, and total repayment from $25K to $5M.
Equipment financing commonly ranges from 6–22% APR over 2–7 years. Credit, cash flow, asset type, resale value, down payment, and useful life determine the final offer.
Estimates assume a fully amortizing loan with equal monthly payments and no fees, prepayments, balloon payment, or payment deferral. This is not an approval or financing offer.
How to use this equipment financing calculator
Enter the amount you plan to finance, an estimated annual percentage rate, and the repayment term. The calculator uses the standard amortization formula to estimate an equal monthly payment, total interest, and total repayment.
What the estimate does not include
Origination, packaging, closing, appraisal, documentation, guarantee, and other lender or third-party fees are excluded. Actual offers may also use a different payment frequency, a variable rate, an interest-only period, or a balloon payment. Compare the written payment schedule and total cost—not just the headline rate.
From estimate to a real offer
A calculator models the financing structure; underwriting determines whether that structure is available. Bay Street packages one application for 50+ funding partners so qualified businesses can compare actual amounts, terms, and payments.