Machinery Finance Calculator
Work out monthly repayments, total interest and true cost per hour.
Machinery Finance Calculator
Monthly Repayments • Total Interest • True Cost Per Hour
Instantly work out HP or lease monthly payments on tractors, combines, telehandlers or any kit — including VAT tricks, deposit, APR and real cost per hour worked.
Used by thousands of farmers & contractors every month.
Typical UK Machinery Finance Rates -
5.9–8.9%
Typical HP APR
20–30%
Deposit expected
£38–£68/hr
140hp tractor running cost
1–7 years
Common terms
How to Use the Calculator (30 Seconds)
1
Enter machine cost + VAT status
2
Add deposit, APR & term
3
See monthly payment + true £/hour
Real Example – £150,000 Tractor (ex VAT)
| Deposit | APR | Term | Monthly | Total Interest | Cost/hr (1100 hrs/yr) |
|---|---|---|---|---|---|
| £30k (20%) | 6.9% | 60 mo | £2,580 | £14,800 | £28.15/hr |
| £45k (30%) | 6.5% | 60 mo | £2,140 | £11,400 | £23.34/hr |
Top Tips To Save £££
✓ Pay the VAT upfront if you can reclaim it
Financing VAT at 7%+ is throwing money away — reclaim it and only finance the ex-VAT amount.
✓ Bigger deposit = dramatically lower £/hour
Every £10k extra deposit typically saves £2–£3 per hour worked.