Dealers quote a monthly payment. That number alone tells you almost nothing, because the same machine at the same price can be structured three different ways and the cheapest looking monthly is often the most expensive deal.
Put your numbers in below. You will get the payment, the total you actually hand over, and what the financing itself costs you under each structure.
Your numbers
Section 179 in 2026, estimated honestly
Section 179 lets a business deduct up to $2,560,000 of qualifying equipment in 2026, phasing out above $4,090,000 of purchases and gone at $6,650,000. One hundred percent bonus depreciation applies to equipment placed in service during 2026, new or used, with a recovery period of twenty years or less. This is an estimate, not tax advice. Confirm it with your accountant before you rely on it.
What this calculator will not tell you
It will not tell you what a lender will actually charge you. Rate on equipment paper moves with your credit profile, your time in business, the age and resale market of the machine, and whether the seller is a franchised dealer or a man with a trailer. The point of the tool is the shape of the comparison, not the precision of any one number.
It also assumes a plain amortizing structure. Real quotes carry documentation fees, first and last payment up front, insurance requirements and sometimes a security deposit. Ask for the total of payments and every fee in writing before you sign, on all three structures, and compare those instead.
Common questions
Is this a quote?
No. It is an illustration built on the rate you enter. Real pricing depends on your credit, time in business, the age and type of the equipment, and which lender ends up holding the paper. Two lenders can quote the same machine two points apart.
Why is the FMV lease payment lower?
Because you are not paying the whole machine off. A fair market value lease finances the purchase price minus an assumed residual, so the monthly number looks better and then a buyout lands at the end. This calculator adds that buyout back into total cost so you can see the real comparison.
What rate should I put in?
If you have a real quote, use its rate. If you are guessing, strong credit with three or more years in business tends to land in the high single digits to low teens on new equipment, and used or private party purchases price higher. Thin credit or under two years in business can run into the twenties.
Does Section 179 mean the equipment is free?
No. A deduction reduces taxable income, it is not a rebate. Deducting $200,000 at a 24 percent effective rate saves roughly $48,000 in tax, not $200,000. It also only helps if you have taxable income to shelter and the equipment is placed in service, not merely ordered, before year end.
Can I finance a used machine bought from a private party?
Often yes, though fewer lenders will do it and the rate is higher. Private party and auction purchases are the ones most likely to be declined by a dealer's single finance company, which is usually where we get called.
What do I need to apply?
For most requests under $250,000, an application and three to six months of business bank statements. Larger or longer term requests usually add tax returns and a current financial statement. The conversation and the review are free, and if we place the financing we charge a small fee at closing.
Turned down, or just want a second number?
I place equipment and truck financing across a network of more than fifty lenders, including thin credit, short time in business and used units bought from a private party. Most close in two to five business days.
Start an applicationThe conversation and the review are free, and if we place the financing we charge a small fee at closing. Call 914.419.3059 or email mike@ntibfin.com.