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.
Approved partner pathways are not enabled. You can still calculate, research public program facts, compare, print, and share without starting an application.
Check partner pathway statusIllustrative 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
01 · Machine facts
Condition is more than the word “used.”
Record year, model, hours, major repairs, maintenance history, attachments, tire or track condition, and known near-term service. These facts help define the purchase risk and may also affect which provider programs can consider the equipment.
An independent inspection can answer mechanical questions that a payment calculator cannot. Keep that assessment separate from financing eligibility: a program match is not evidence of equipment condition or value.
- Confirm the serial number, model year, hours, and represented ownership history.
- Inspect engine, transmission, hydraulics, electronics, tires or tracks, and included attachments.
- Price immediate repairs, transport, setup, and the next scheduled major service.
- Compare remaining productive life with the proposed financing term.
02 · Complete cost
Model the usable machine, not only the sale price.
Delivery, immediate service, required attachments, tires, installation, and taxes can change the cash needed to put equipment into work. Decide which costs will be paid in cash and which, if permitted by the provider, are expected to be financed.
Weighing whether to put cash down at all? See which lenders document no-money-down farm equipment terms and what financing 100% adds to the payment and total interest.
03 · Time horizon
Do not let the payment outlive the operating plan.
Compare the proposed term with expected years of use, annual hours, replacement timing, and likely repair exposure. A longer term can lower the modeled monthly payment while increasing total modeled interest and the time a balance remains on older equipment.
Compare five term lengths with the same assumptions →04 · Transaction path
Dealer and private-party purchases may require different steps.
Before applying, identify the legal seller, equipment location, title or lien status where relevant, invoice or purchase agreement, and who will handle delivery. Ask the provider whether it supports the seller type and what verification it performs.
Not every program finances auction or private-party purchases. See how a Farm Credit-backed lender that does compares with a manufacturer program in AgDirect vs John Deere Financial.
| Seller path | Documents to assemble | Questions to resolve | Current catalog coverage |
|---|---|---|---|
| Dealer | Buyer order, trade detail, serial number, and dealer invoice | Trade payoff, fees, attachments, delivery, and eligible price | 6 documented providers |
| Auction | Sale notice, lot description, invoice, payment deadline, and pickup terms | Funding timing, buyer premium, inspection access, title or lien handling, and transport | 3 documented providers |
| Private party | Purchase agreement, seller identity, serial number, and proof of ownership | Lien release, payment process, valuation, inspection access, and delivery | 3 documented providers |
- Verify the legal seller and whether the seller can transfer clear ownership.
- Search or resolve title and lien records where they apply to the machine or jurisdiction.
- Keep the invoice, bill of sale, serial-number record, inspection, and delivery terms together.
- Confirm the provider supports the purchase channel before a deposit or auction deadline.
05 · Catalog-backed paths
Compare providers that currently document used equipment.
The public catalog currently documents used-equipment facts for 8 providers. This count is not a ranking, approval signal, or whole-market claim; each directory result keeps unknown amounts, terms, channels, and requirements unknown.
06 · Provider questions
Confirm what the financing structure assumes.
- Are there equipment-age, hour, seller, or valuation limits?
- Can attachments, delivery, or immediate repairs be included?
- What fees are due at closing or added to the obligation?
- What payment schedules and first-payment dates are available?
- What happens if the equipment is sold or replaced before payoff?
If credit history is a concern, see financing farm equipment with bad credit for lenders’ published credit minimums and USDA FSA options that use no credit score.