Depreciation Calculator
Depreciation calculator
Straight-line depreciation is (cost − salvage) ÷ useful life, spreading the cost evenly. Declining balance takes a fixed percentage of the remaining value each year, front-loading the expense. Enter your asset below for a full year-by-year schedule.
Annual depreciation
—
Total depreciable
—
cost − salvage
Depreciation schedule
Frequently asked questions
How do you calculate straight-line depreciation?
(cost − salvage) ÷ useful life. $11,000 asset, $1,000 salvage, 5 years = $2,000/year.
What is declining balance?
A fixed percentage of remaining book value each year — higher early, lower later. Double-declining uses twice the straight-line rate.
What is salvage value?
The estimated end-of-life value. Depreciation reduces book value down to salvage, not below it.
For general planning only. Tax depreciation rules (e.g. MACRS, CCA) differ — consult an accountant.