SBA & Commercial
Equipment Financing Calculator
Model the full cost of financing a piece of equipment, including down payment, trade-in, fees and optional sales tax, then compare the payment to the revenue the equipment is expected to generate.
Your estimate
Estimated monthly payment
$1,675.75
Amount financed
$77,250
Cash required upfront
$8,500
Total financing cost
$24,045
Interest plus tax and fees.
Total estimated amount paid
$109,045
Total interest
$23,295
This calculator is an educational estimator. Results are illustrations based only on the values you enter. Kennify is not a bank, lender or financial adviser, does not make financing decisions, and does not guarantee approval, rates, terms or eligibility. Financing, if available, is provided by independent third-party providers under their own criteria.
How this works
The amount financed is the equipment price plus any sales tax and fees you choose to finance, minus your down payment and trade-in value.
The payment is calculated with standard amortization math at the rate and term you enter, and a zero rate is handled as a simple division across the term.
If you enter expected additional monthly revenue, the tool shows the difference between that revenue and the payment. This is a comparison of your own two inputs, not a forecast.
What your result means
Total financing cost is the amount paid above the amount financed. It is the clearest single number for comparing structures with different terms.
Cash required upfront matters as much as the payment for many businesses, because it comes out of working capital on day one.
If expected revenue is close to the payment, the equipment may not carry itself once maintenance, insurance and downtime are considered.
Keep reading on Kennify
Equipment Financing Calculator FAQ
Explore your financing options
When you have the numbers you need, you can review educational program pages on Kennify or begin a funding request through Kennify's financing partner.