Is the Depreciation Schedule Calculator free?

Yes. The Depreciation Schedule Calculator on calculpage is completely free with no account required.

Yes. All calculations run entirely in your browser. Nothing you enter is transmitted to any server.

What category does the Depreciation Schedule Calculator belong to?

The Depreciation Schedule Calculator belongs to the Financial category on calculpage.

Financial

Calculate annual depreciation and book value over the asset's useful life.

Asset Cost

Salvage Value

Useful Life (years)

Annual Depreciation = (Asset Cost − Salvage Value) / Useful Life. Book Value = Cost − (Annual Depreciation × Years).

Mortgage

Loan

Auto Loan

Interest

Payment

Retirement

What is straight-line depreciation?▼

Straight-line depreciation spreads the cost evenly over the asset's useful life, taking the same deduction each year.

What useful life does the IRS assign?▼

The IRS assigns recovery periods: 5 years for vehicles and computers, 7 years for most equipment, 27.5 years for residential rental property.

Can I use accelerated depreciation instead?▼

Yes. MACRS (Modified Accelerated Cost Recovery System) front-loads depreciation. Use Section 179 or bonus depreciation for even faster deductions.

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