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Depreciation Calculator

Calculate annual depreciation for assets using straight-line or declining balance methods. Use this Loans and credit tool to enter your numbers, review the result, and understand the key assumptions before making the next decision.

What you get
A focused calculator, clear explanation, common questions, and useful next tools.
Quick intro
Calculator
Result
Explanation
Common questions
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How this calculator works
The result depends on the numbers you enter and the assumptions shown below.

Depreciation spreads the cost of an asset over its useful life. Straight-line gives equal annual amounts; declining balance front-loads depreciation. Both are used for accounting and tax purposes.

Review the inputs carefully and treat the output as an estimate. For decisions involving money, taxes, health, law, or security, compare the result with trusted professional guidance when needed.

Frequently asked questions

What is salvage value?

Salvage value (residual value) is the estimated worth of an asset at the end of its useful life. It reduces the depreciable base.