Equipment Financing & Leasing Calculator

Enter the equipment purchase price, your down payment, rate, and term to see monthly payments and your estimated Section 179 tax benefit.

Equipment Purchase Price ($)

Down Payment ($)

Annual Interest Rate (%)

Loan Term (months)

Your Business Tax Rate (%) — for Section 179 estimate

What is Section 179?

Section 179 of the IRS tax code allows businesses to deduct the full purchase price of qualifying equipment in the year it is placed in service, rather than depreciating it over several years. This can significantly reduce the effective cost of financing new machinery or software.

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