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Equipment

What that machine costs per month

Enter the equipment price, your down payment, rate and term to see the monthly payment and total cost — then check it against the revenue the machine will actually produce.

$120,000
$6,000
Freight, install, tooling, training.
10%
12%
60 months
Estimates only, not an offer or an APR disclosure. Nothing you enter leaves your browser and no credit is checked.
Monthly payment
$2,523

Financing $113,400 of a $126,000 total cost

Cash down
$12,600
Total of payments
$151,351
Finance cost
$37,951
Break-even margin needed
$2,523/mo
Get real numbers on your file

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How to read it

Judge it against the revenue, not the price

Equipment is the one purchase where the math is usually clean: if the machine produces more gross margin per month than the payment, financing it is a straightforward decision. If it does not, no rate makes it work.

Soft costs — freight, installation, tooling and training — can often be rolled into the financed amount. That keeps cash in the business, which is normally worth more than the small interest difference.

Watch the end of term. A $1 buyout means you own it. A fair-market-value buyout means a final payment you should be calculating now, not discovering in year five.

Tool questions

What people ask about this.

Frequently, on newer equipment with a strong file. Weaker credit or older used equipment usually means 10% to 20% down or a larger first payment.
Yes. Dealer and major-auction purchases are routine. Private-party sales usually need a third-party appraisal and may carry a shorter term.
Finance long-lived iron you intend to keep. Lease things that go obsolete quickly or that you only need for one project.
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