Depreciation Calculator
Straight-line and double-declining depreciation schedules.
Best for: Budgeting equipment purchases, book-keeping for small business assets, or understanding how method choice shifts reported profit between years.
Input
How it's calculated & sources
- Method as selected
- Ignores salvage value unless entered
Free & no sign-up · runs entirely in your browser. Results are estimates for general information, not professional advice — verify important decisions with a qualified expert. Last reviewed June 2026.
How it works
Straight-line: (Cost − Salvage) / Useful Life
Double-declining: Book Value × (2 / Useful Life) each year
Example
$20,000 asset, $2,000 salvage, 5-year life = $3,600/year straight-line depreciation.
Frequently asked questions
Which method should I use?+
Straight-line is simplest and most common. Double-declining front-loads expense — useful for assets that lose value quickly.
What's salvage value?+
The estimated value of the asset at the end of its useful life — what you could sell it for.
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