01
Equipment mix
Any machine, one formula.
Tractors, combines, tillage, hay equipment, irrigation — the payment math is the same. Enter the machine price or pick the closest type from the equipment selector.
Apply for financingFarm equipment loan calculator
What will farm equipment cost per month?
Estimate the monthly payment on tractors, combines, implements and other farm machinery. Set the numbers, then check real financing options for your operation.
Condition
Estimated monthly payment
$1,622/mo
Amount financed$76,500
Total interest$20,798
Total of payments$97,298
Term60 months
Same equipment at other illustrative rates:
8.00%: $1,551/mo9.90%: $1,622/mo12.00%: $1,702/mo16.00%: $1,860/mo
Estimates are for informational purposes only. Actual rates, terms and payments depend on lender approval and applicant qualifications.
Amortization schedule
| Month | Payment | Principal | Interest | Balance |
|---|---|---|---|---|
| 1 | $1,622 | $991 | $631 | $75,509 |
| 2 | $1,622 | $999 | $623 | $74,511 |
| 3 | $1,622 | $1,007 | $615 | $73,504 |
| 4 | $1,622 | $1,015 | $606 | $72,489 |
| 5 | $1,622 | $1,024 | $598 | $71,465 |
| 6 | $1,622 | $1,032 | $590 | $70,433 |
| 7 | $1,622 | $1,041 | $581 | $69,392 |
| 8 | $1,622 | $1,049 | $572 | $68,343 |
| 9 | $1,622 | $1,058 | $564 | $67,285 |
| 10 | $1,622 | $1,067 | $555 | $66,219 |
| 11 | $1,622 | $1,075 | $546 | $65,144 |
| 12 | $1,622 | $1,084 | $537 | $64,059 |
| 13 | $1,622 | $1,093 | $528 | $62,966 |
| 14 | $1,622 | $1,102 | $519 | $61,864 |
| 15 | $1,622 | $1,111 | $510 | $60,753 |
| 16 | $1,622 | $1,120 | $501 | $59,632 |
| 17 | $1,622 | $1,130 | $492 | $58,503 |
| 18 | $1,622 | $1,139 | $483 | $57,364 |
| 19 | $1,622 | $1,148 | $473 | $56,215 |
| 20 | $1,622 | $1,158 | $464 | $55,057 |
| 21 | $1,622 | $1,167 | $454 | $53,890 |
| 22 | $1,622 | $1,177 | $445 | $52,713 |
| 23 | $1,622 | $1,187 | $435 | $51,526 |
| 24 | $1,622 | $1,197 | $425 | $50,330 |
| 25 | $1,622 | $1,206 | $415 | $49,123 |
| 26 | $1,622 | $1,216 | $405 | $47,907 |
| 27 | $1,622 | $1,226 | $395 | $46,680 |
| 28 | $1,622 | $1,237 | $385 | $45,444 |
| 29 | $1,622 | $1,247 | $375 | $44,197 |
| 30 | $1,622 | $1,257 | $365 | $42,940 |
| 31 | $1,622 | $1,267 | $354 | $41,673 |
| 32 | $1,622 | $1,278 | $344 | $40,395 |
| 33 | $1,622 | $1,288 | $333 | $39,107 |
| 34 | $1,622 | $1,299 | $323 | $37,808 |
| 35 | $1,622 | $1,310 | $312 | $36,498 |
| 36 | $1,622 | $1,321 | $301 | $35,177 |
| 37 | $1,622 | $1,331 | $290 | $33,846 |
| 38 | $1,622 | $1,342 | $279 | $32,503 |
| 39 | $1,622 | $1,353 | $268 | $31,150 |
| 40 | $1,622 | $1,365 | $257 | $29,785 |
| 41 | $1,622 | $1,376 | $246 | $28,409 |
| 42 | $1,622 | $1,387 | $234 | $27,022 |
| 43 | $1,622 | $1,399 | $223 | $25,623 |
| 44 | $1,622 | $1,410 | $211 | $24,213 |
| 45 | $1,622 | $1,422 | $200 | $22,791 |
| 46 | $1,622 | $1,434 | $188 | $21,358 |
| 47 | $1,622 | $1,445 | $176 | $19,912 |
| 48 | $1,622 | $1,457 | $164 | $18,455 |
| 49 | $1,622 | $1,469 | $152 | $16,986 |
| 50 | $1,622 | $1,482 | $140 | $15,504 |
| 51 | $1,622 | $1,494 | $128 | $14,010 |
| 52 | $1,622 | $1,506 | $116 | $12,504 |
| 53 | $1,622 | $1,518 | $103 | $10,986 |
| 54 | $1,622 | $1,531 | $91 | $9,455 |
| 55 | $1,622 | $1,544 | $78 | $7,911 |
| 56 | $1,622 | $1,556 | $65 | $6,355 |
| 57 | $1,622 | $1,569 | $52 | $4,786 |
| 58 | $1,622 | $1,582 | $39 | $3,203 |
| 59 | $1,622 | $1,595 | $26 | $1,608 |
| 60 | $1,621 | $1,608 | $13 | $0 |
How it works
Ag machinery is a season-length decision.
Farm equipment spans a huge range — a baler, a combine, a planter or a sprayer can each run from tens of thousands to several hundred thousand dollars. Financing usually runs 36 to 84 months, and the right term often follows the machine’s useful life and your revenue calendar rather than the lowest payment on the page. Model the deal at a few rates, because operating loans and equipment loans price differently than mortgages or lines of credit.
02
Seasonality
Cash flow is not flat.
Farm revenue concentrates around harvest. A payment that looks easy in October can strain cash in spring — test the monthly figure against your thinnest months, not your average.
03
Trade-in
Rollover equity counts.
Trading in an older machine cuts the financed amount directly. On high-value machinery like combines, trade-in value often covers most of the down payment.
04
Next step
From estimate to offer.
The calculator carries the equipment and price into the Dengaro application. One application reaches participating financing providers who return actual terms.
Important questions
Know what to expect.
How much does farm equipment financing cost per month?+
It depends on the machine and terms. At 10% over 60 months, $100,000 financed is roughly $2,125 per month. Combines and high-horsepower tractors run higher; smaller implements run lower.
What farm equipment can be financed?+
Most revenue-producing ag machinery: tractors, combines, planters, sprayers, balers, tillage, hay tools and more. Used equipment is commonly financed too — age and condition shape the terms.
How long are farm equipment loan terms?+
Commonly 36 to 84 months depending on the machine, its expected life and the provider. Longer terms lower the monthly payment but raise total interest paid over the life of the loan.
Can a new farm or small operation get financing?+
Financing exists across operation sizes and histories, though newer businesses may see different terms. Time in business, credit and the equipment itself all factor into a provider’s offer.
Is the estimate a real quote?+
No. It is an illustration from the numbers you enter. Actual rates, terms and approval come from a financing provider’s review of your operation and the equipment.
Financing built into the sale