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 Farm Machinery Calculator Instructions
             
 Farm Machinery Calculator              
  2008 2009 2010 2011 2012 2013         Total
   Initial Year 1 Year 2 Year 3 Year 4 Year 5  
 
Initial Value of the Machine   
 
 
 
Purchase and Finance
Initial Down Payment Percent %
Annual Interest Rate Percent %
Finance Length (1-5 years)  
Amount Financed 80,000  
Initial Down Payment 20,000           20,000
Annual Loan Payment   21,104 21,104 21,104 21,104 21,104 105,519
Annual Cash Requirement 20,000 21,104 21,104 21,104 21,104 21,104 125,519
 
Traditional Lease
Lease Origination Percent %
Annual Lease Percent %
Initial Lease Cost 15,000           15,000
Annual Lease Cost   15,000 15,000 15,000 15,000 15,000 75,000
Annual Cash Requirement 15,000 15,000 15,000 15,000 15,000 15,000 90,000
               
Difference 5,000 6,104 6,104 6,104 6,104 6,104 35,519
 

 

 
  
     

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