What is included in the payment estimate?

Payments are based on loan amount, APR, and term; add fees separately if they apply.

Loan vs. lease: which should I choose?

Loans build ownership while leases can reduce monthly cost but may include residuals.

Can I model a balloon payment?

Yes, include it as a residual or adjust the loan amount to reflect the final payoff.

Equipment Financing Calculator

Calculate your monthly, biweekly, or weekly equipment financing payments. See total interest, principal, and a full amortization schedule with optional balloon payments.

Full original guide (expanded)

Formula (extracted LaTeX)

\[P = \frac{(L \times (1+r)^n - RV) \times r}{(1+r)^n - 1}\]

P = \frac{(L \times (1+r)^n - RV) \times r}{(1+r)^n - 1}

Formula (extracted LaTeX)

\[P = \frac{L - RV}{n}\]

P = \frac{L - RV}{n}

Formula (extracted text)

$ P = \frac{(L \times (1+r)^n - RV) \times r}{(1+r)^n - 1} $

Formula (extracted text)

$ P = \frac{L - RV}{n} $

Variables and units

P = principal (loan amount) (currency)
r = periodic interest rate (annual rate ÷ payments per year) (1)
n = total number of payments (years × payments per year) (count)
M = periodic payment for principal + interest (currency)
E = extra principal payment per period (currency)

Sources (authoritative):

Home — calcdomain.com · Accessed 2026-01-19
https://calcdomain.com/
Finance — calcdomain.com · Accessed 2026-01-19
https://calcdomain.com/finance
Business & Small Biz — calcdomain.com · Accessed 2026-01-19
https://calcdomain.com/subcategories/business-small-biz
Full Loan Amortization Calculator — calcdomain.com · Accessed 2026-01-19
https://calcdomain.com/loan-amortization
Small Business Loan Calculator — calcdomain.com · Accessed 2026-01-19
https://calcdomain.com/business-loan
Commercial Real Estate Loan Calculator — calcdomain.com · Accessed 2026-01-19
https://calcdomain.com/commercial-real-estate
APR Calculator — calcdomain.com · Accessed 2026-01-19
https://calcdomain.com/apr

Changelog

Version: 0.1.0-draft
Last code update: 2026-01-19

0.1.0-draft · 2026-01-19

Initial audit spec draft generated from HTML extraction (review required).
Verify formulas match the calculator engine and convert any text-only formulas to LaTeX.
Confirm sources are authoritative and relevant to the calculator methodology.

Verified by Ugo Candido on 2026-01-19
Profile · LinkedIn

Audit: Needs review

Formula (LaTeX) + variables + units

This section shows the formulas used by the calculator engine, plus variable definitions and units.
Note: This page needs review to confirm formulas and sources.

No formulas provided in audit spec.

Variables and units

No variables provided in audit spec.

Sources (authoritative):

Equipment Financing Calculator — calcdomain.com · Accessed 2026-01-21
https://calcdomain.com/equipment-financing-calculator

Changelog

Version: 0.1.0-draft
Last code update: 2026-01-21

0.1.0-draft · 2026-01-21

Initial audit spec draft generated from HTML extraction (review required).
Verify formulas match the calculator engine and convert any text-only formulas to LaTeX.
Confirm sources are authoritative and relevant to the calculator methodology.

Verification pending · Last code update: 2026-01-21

Formulas

(Formulas preserved from original page content, if present.)

Version 0.1.0-draft

Citations

Add authoritative sources relevant to this calculator (standards bodies, manuals, official docs).

Changelog

0.1.0-draft — 2026-01-19: Initial draft (review required).