Equipment Loan Calculator
See estimated monthly payments for any heavy equipment purchase — with no credit impact and financing options available for dealers, auctions, and private sellers.
Most buyers finance between $25,000 and $250,000 — enter any amount.
Most buyers put 10–20% down. Enter 0 if you're not planning a down payment.
If you're not sure, start with 7.99%. Typical APR ranges from 7.99%–18% depending on credit profile.
Estimated Monthly Payment
$0
Based on 7.99% APR · Actual rates vary by credit profile
How to Use This Equipment Loan Calculator
Enter the total purchase price of the equipment you're considering
Select your preferred loan term (36 to 72 months)
View your estimated monthly payment instantly
Ready to proceed? Click to get pre-approved with no hard credit pull
Understanding Your Monthly Payment
Your equipment loan payment depends on several factors. Here's what you should know.
Equipment Price
The total purchase price is the primary factor. A higher price means higher payments, but longer terms can reduce monthly costs.
Loan Term
Terms range from 24 to 72 months. Longer terms mean lower monthly payments but more total interest paid.
Interest Rate
Your rate depends on credit history, business tenure, and equipment type. Rates are personalized to your profile.
Financing Heavy Equipment — Dealer or Private Seller
Our financing works for equipment purchased from any source. You're not limited to listings on our platform.
Equipment Dealers
New or used from authorized dealers
Auctions
Equipment from Ritchie Bros, IronPlanet, and more
Private Sellers
Direct purchases from individual owners
Equipment Loan Calculator FAQ
Ready to Take the Next Step?
Get pre-approved for equipment financing with no hard credit pull. A financing specialist will contact you within 24 hours.