Business-purpose estimate
Model the payment before the paperwork.
Estimated monthly payment
$1,517- Amount financed
- $72,250
- Total interest
- $18,793
- Total paid
- $91,043
- 12-month payment total
- $18,209
View monthly amortization schedule
Principal and interest use the same equal-monthly-payment assumptions shown above. The final payment can vary by a few cents because each row is rounded to cents.
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Check partner pathway statusThird-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.
No third-party rate observations are current enough to show right now. See lenders that post rate details to keep researching.
Compare the full lender cost-transparency directory to inspect each lender's sources and observation dates.
Illustrative comparison
Compare the fields before researching real programs.
| Fictional provider and path | Best fit | Purchase channel | Equipment scope | Illustrative amount | Structure to verify |
|---|---|---|---|---|---|
| Field Term FinanceStandard equipment term | Established operations buying a defined machine for ongoing business use. | Dealer / Private seller | New or used titled equipment | $25,000–$500,000 | Equal monthly payments |
| Harvest Flex CapitalSeasonal payment structure | Operations that need payment timing evaluated against a seasonal revenue cycle. | Dealer / Auction | Production agriculture equipment | $50,000–$750,000 | Seasonal or annual review |
| Rural Equipment FundingUsed and private-party equipment | Buyers comparing an older machine or a transaction outside a captive program. | Private seller / Auction | Used equipment and attachments | $15,000–$350,000 | Monthly term with asset review |
Field Term FinanceStandard equipment term - Best fit
- Established operations buying a defined machine for ongoing business use.
- Purchase channel
- Dealer / Private seller
- Equipment scope
- New or used titled equipment
- Illustrative amount
- $25,000–$500,000
- Structure to verify
- Equal monthly payments
Harvest Flex CapitalSeasonal payment structure - Best fit
- Operations that need payment timing evaluated against a seasonal revenue cycle.
- Purchase channel
- Dealer / Auction
- Equipment scope
- Production agriculture equipment
- Illustrative amount
- $50,000–$750,000
- Structure to verify
- Seasonal or annual review
Rural Equipment FundingUsed and private-party equipment - Best fit
- Buyers comparing an older machine or a transaction outside a captive program.
- Purchase channel
- Private seller / Auction
- Equipment scope
- Used equipment and attachments
- Illustrative amount
- $15,000–$350,000
- Structure to verify
- Monthly term with asset review
How the estimate works
Separate purchase assumptions from financing facts.
The calculator subtracts cash or trade equity from the equipment price, adds your tax assumption, and amortizes that modeled amount across equal monthly payments. You supply the rate; the site does not quote one.
Provider fees, payoff amounts, irregular first-payment dates, and seasonal schedules can change an actual transaction. Verify those items on a provider's official disclosure.
Illustrative examples
Compare the monthly number with the total cost.
These examples use hypothetical rates, zero estimated tax, and equal monthly payments. They are calculation examples—not available programs or rate offers.
| Equipment | Price | Equity | Rate / term | Monthly estimate | Total interest |
|---|---|---|---|---|---|
| Used tractor | $85,000 | $15,000 | 9.5% / 60 months | $1,470 | $18,208 |
| Hay equipment | $45,000 | $9,000 | 8.5% / 48 months | $887 | $6,592 |
| Combine | $250,000 | $50,000 | 8% / 72 months | $3,507 | $52,479 |
Calculator questions
Know what the estimate includes—and what it cannot know.
How does the farm equipment loan calculator estimate a payment?
It subtracts modeled cash or trade equity from the equipment price, adds your estimated tax, and amortizes the resulting amount across the term and annual rate you enter.
Is the illustrative annual rate an available rate?
No. The annual rate is a planning assumption you enter. It is not a quote, offer, or statement that any provider will make that rate available.
Can the calculator model quarterly or annual payments?
Yes. You can select monthly, quarterly, semiannual, or annual equal payments; the calculator divides the annual rate into that many payments per year and amortizes across the matching number of periods. Seasonal or irregular schedules are not modeled—ask a financing provider whether those are available and use its official schedule for a transaction decision.
Does using the calculator start an application or affect approval?
No. A calculation is not an application, prequalification, or approval. The calculator does not request identity, income, credit, bank, tax, or underwriting-document data.