Rate sensitivity
Hold the purchase steady. Change only the rate.
The sample rates are placeholders you control—not available rates or offers.
Swipe to compare total interest and total paid →
| Scenario | Annual rate | Amount financed | Monthly estimate | Total interest | Total paid |
|---|---|---|---|---|---|
| Scenario A | 6.00% | $80,000 | $1,547 | $12,797 | $92,797 |
| Scenario B | 9.00% | $80,000 | $1,661 | $19,640 | $99,640 |
| Scenario C | 12.00% | $80,000 | $1,780 | $26,773 | $106,773 |
Planning illustration only. Equal monthly payments are assumed. Fees, timing, variable-rate changes, and provider calculations may produce different results.
Third-party published rates
Providers publishing rate information.
This site sets no rate of its own. The entries below quote what third-party lenders publish on their own pages, with the date each page was observed. These are research references, not offers from this site and not a single current market rate. A source may publish an interest rate, APR, promotional rate, amount band, term, fees, or conditions; the cited statement shows only what the current catalog evidence supports. Confirm every figure and condition on the source page before relying on it.
| Lender (public source) | What the source publishes | Where it is published, as observed |
|---|---|---|
| AgDirect | Publishes a $5,000 dealer-financing minimum and typical equipment terms from two to seven years. The reviewed pages document two-to-seven-year used-equipment terms, multiple payment frequencies, delayed-payment options, and published rates for eligible transactions. |
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| American AgCredit | Through AgDirect, buyers finance, lease, or refinance new or used equipment via dealers, auctions, private parties, or online, with terms of two to seven years (up to ten years on center pivots) from a $5,000 minimum, with published indicative rates. |
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| Peach State Federal Credit Union | Published 'as low as' APR tiers are 3.99% up to 60 months, 4.25% for 61-72 months, and 5.25% for 73-84 months, with up to 100% financing for qualified buyers and a $15 loan application fee. |
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Compare the full lender cost-transparency directory to inspect each lender's sources and observation dates.
A rate is one part of a structure
Compare the same transaction before comparing the headline.
A stated rate becomes meaningful only beside the same equipment price, amount financed, term, fees, and payment schedule. If one quote includes a rebate, documentation charge, first-payment delay, or different cash requirement, the rate rows above are not yet an apples-to-apples comparison.
Record the exact label and conditions: interest rate, APR, promotional rate, amount band, term, fees, eligible equipment, purchase channel, and expiration date are different facts. Leave a field unknown when the provider's current disclosure does not state it.
The method does not change with the machine. Whether you are researching tractor loan rates or pricing a combine, planter, or used machine, hold the same transaction facts constant and compare each provider's stated structure. For equipment-specific planning, start from the tractor financing guide or the used equipment financing guide.
| Quote field | What to record | Why it changes the comparison |
|---|---|---|
| Purchase price | Eligible cash price after rebates | A promotional rate may use a different price |
| Cash or trade equity | Net equity after any payoff | Changes principal and cash retained |
| Rate label | Exact term used by the provider | Do not assume every percentage is calculated alike |
| Fees | Due now or added to the balance | Can raise cash due or total financed cost |
| Payment schedule | Frequency and first due date | Changes timing and may change payment math |
| Payoff terms | Prepayment charge or calculation | Affects the cost of selling or refinancing early |
Fixed and variable questions
Ask what can change after the first payment.
For a fixed structure, confirm how long the rate and payment remain fixed. For a variable structure, ask which index and margin apply, how often the rate can reset, whether caps or floors exist, and whether a change affects the payment, term, or final balance. Model only the starting assumption here; use the provider's documents for the actual schedule.
Some lenders publish their rates and some do not. For a worked example, see AgDirect vs John Deere Financial — one publishes current equipment loan rates; the other does not.
Rate comparison questions
Use the tool to prepare questions—not predict approval.
What is a current farm equipment financing rate?
This site does not publish a universal current rate. Available pricing can depend on the provider, transaction, equipment, term, structure, timing, and other factors. Enter a rate supplied by a verified provider to model it here.
Does the lowest stated rate always have the lowest total cost?
Only when the price, amount financed, term, fees, payment timing, and other conditions are the same. Compare total payments, cash due, fees, and payoff conditions as well as the stated rate.
Can I compare a promotional zero-rate scenario?
Yes. Enter zero as one assumption, then separately compare the eligible purchase price, any cash discount or rebate you would give up, fees, term, and required payment timing.
Does this tool compare seasonal payment schedules?
No. It assumes equal monthly payments. Ask the provider for its official monthly, quarterly, seasonal, or annual schedule and total-payment disclosure before making a transaction decision.