Use our free MACRS depreciation calculator to compute the deductible amount for each year of the asset’s life. The IRS’s MACRS depreciation tables are included, along with an explanation of how to use them to calculate MACRS depreciation by hand. How to use our MACRS depreciation calculator Step 1: Enter the cost of your asset. The…
Calculators
SBA Loan Calculator: 7(a) Loan Payments & Amortization
Our SBA loan payment calculator will help you determine what your potential SBA loan payments may look like. It also provides a full amortization schedule that can demonstrate what amount of principal and interest you’ll be expected to pay. SBA 7(a) loan calculator inputs The inputs necessary for our SBA (7(a) loan calculator include items…
Equipment Lease Calculator: Calculating Your Lease Payment
By using an equipment lease calculator, you can determine the costs associated with an equipment lease, including the monthly payment amount, buyout cost, and residual value. Our free equipment lease calculator can provide you with all of that information and is designed to also supply figures for three lease structures: fair market value (FMV), $1…
How to Calculate & Process Retro Pay (+ Free Calculator)
Retroactive (or retro) pay is compensation an employee receives for work they’ve already completed but were not correctly paid for at the time. There are a variety of reasons for the discrepancy, such as an increase in wages, a missed bonus, or incorrect hours tracked. This guide walks you through how to calculate retro pay—we…
Business Valuation Calculator: How Much Is Yours Worth?
There are a variety of factors that go into the calculation of the valuation of a business. These considerations allow you to determine the general value of how much a business may be worth, whether you’re looking to sell, buy, or attract investors. There are also different formulas you can use when calculating business worth,…
Balloon Mortgage Calculator
A balloon mortgage is a type of loan that requires low or no monthly payments and requires a lump-sum payment at the end of the loan term. It differs from fully amortized loans where equal installments of the total balance are repaid over a period of time, and with a balloon mortgage, the remaining balance…
Capitalization Rate: Calculator, Formula & What It Is
The capitalization rate, or cap rate, is often used by real estate investors to determine the potential rate of return from a property. It can be a useful valuation tool when comparing investment properties and can be used to figure out if a property will yield enough of a profit. However, it does have its…
Hard Money Loan Calculator: How Much Will Your Loan Cost?
Our hard money loan calculator offers insight into the potential price of a loan, along with any associated costs. You can find out your monthly payment, total interest expenses based on how quickly you can repay the loan, and other closing costs that need to be paid in connection with the loan. Hard money calculator…