Depreciation Calculator
Straight-line and declining balance schedules.
Enter your values
ⓘ Live results
Results
- Annual depreciation (straight line)
- $5,400.00
- Total depreciated
- $27,000.00
- Book value at end
- $3,000.00
- Depreciable base
- $27,000.00
| Year | Depreciation | Book value |
|---|---|---|
| 1 | $5,400.00 | $24,600.00 |
| 2 | $5,400.00 | $19,200.00 |
| 3 | $5,400.00 | $13,800.00 |
| 4 | $5,400.00 | $8,400.00 |
| 5 | $5,400.00 | $3,000.00 |
Quick answer
Depreciation spreads an asset's cost across its useful life; straight-line is even, declining balance front-loads the expense.
Straight line = (Cost − Salvage) ÷ Life
How to use the Depreciation Calculator
- 1Enter the asset cost and expected salvage value.
- 2Enter the useful life in years.
- 3Pick a depreciation method.
Worked example
Using the values the calculator loads with:
Inputs
- Asset cost30000 $
- Salvage value3000 $
- Useful life5 years
- MethodStraight line
Results
- Annual depreciation (straight line)$5,400.00
- Total depreciated$27,000.00
- Book value at end$3,000.00
- Depreciable base$27,000.00
Frequently asked questions
Which method should I use?
Straight line for reporting simplicity; declining balance when the asset loses value fast.
Is this the same as MACRS?
No — US tax depreciation uses MACRS tables, which differ from book depreciation.
About this calculator
- Built and reviewed by James Whitfield · How we build and test calculators
- Report an error
Results are estimates for general information. For medical, legal, structural or financial decisions, confirm with a qualified professional.