Depreciation Calculator
Calculate how much an asset loses in value each year using common accounting methods.
Inputs explained
- Asset Cost ($) — The purchase price of the asset. Example: 20000.
- Salvage Value ($) — The estimated value at the end of its life. Example: 2000.
- Useful Life (years) — How many years the asset is expected to last. Example: 5.
- Method — The depreciation method — Straight-Line, Double Declining, or Sum of Years.
How to use it
- Fill in the fields above — each input has a hint describing exactly what to enter
- Press Calculate to get your result instantly, right on this page
- Copy the result, save the tool to favorites, or share and embed it anywhere
Understanding the result
Example: A $20,000 asset with $2,000 salvage over 5 years depreciates $3,600/year straight-line.
Frequently asked questions
Is the Depreciation Calculator free to use? Yes — it is completely free, with no sign-up, no download and no usage limits. You can use it as often as you need.
Is my data private? Yes. The calculation runs entirely in your browser — the values you enter are never sent to our servers, stored or shared with anyone.
What information do I need? Just the following: Asset Cost ($), Salvage Value ($), Useful Life (years), Method. Each field includes a hint explaining exactly what to enter.
Can I use it on my phone? Yes — the tool is fully responsive and works on any device, and the same calculator is available in the EasyWorkCalcs mobile app.
Privacy
Everything you enter into the Depreciation Calculator is processed entirely in your browser. Nothing is uploaded, stored or shared — your data stays on your device.