Enter the equipment cost, any down payment, the annual interest rate, loan term in months, and an optional balloon/residual payment. The calculator will estimate your monthly payments and total costs.
Example:
Equipment Cost: $25,000, Down Payment: $2,500, Interest Rate: 6.5%, Loan Term: 36 months, Balloon: $0
Estimated Monthly Payment: $694.97
This calculator provides estimates based on the information you input and is for illustrative purposes only. It does not constitute financial advice. Actual loan terms, fees, and taxes may vary. Consult with a financial advisor for personalized advice.
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