Financial Calculators
Depreciation Calculator
Calculate straight-line depreciation of an asset.
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Result
Annual depreciation (straight-line)
$5,000.00
Monthly depreciation
$416.67
Total depreciable amount
$25,000.00
About the Depreciation Calculator
Straight-line depreciation spreads an asset's cost evenly over its useful life. Enter the asset cost, its salvage (residual) value, and the useful life in years to get the annual and monthly depreciation and the total depreciable amount. It's the most common method for accounting, tax, and equipment planning.
How to use the Depreciation Calculator
- 1Enter your asset cost, salvage value, and useful life in years.
- 2Read the result instantly — it recalculates as you type.
- 3Adjust the numbers to model different scenarios.
Frequently asked questions
What is straight-line depreciation?
Annual depreciation = (cost − salvage value) ÷ useful life. The asset loses the same amount of value each year.
What is salvage value?
The estimated resale or scrap value at the end of the asset's useful life — the amount that isn't depreciated.