Straight-Line Depreciation Calculator
Calculate annual depreciation evenly over an asset's useful life.
Inputs
$
$
years
Results
Annual Depreciation
$4,500.00
≈ 5 smartphones
Current Year Depreciation$4,500.00
Accumulated Depreciation$4,500.00
Book Value$45,500.00
Depreciation Rate9%
How to Use This Calculator
- Enter the asset's purchase cost.
- Input the estimated salvage value at end of useful life.
- Set the useful life in years.
- Select the year you want to view.
- Review the annual depreciation expense (constant each year) and cumulative accumulated depreciation.
How the result changes with Asset Cost
| Asset Cost | Annual Depreciation |
|---|---|
| $1,000,000.00 | $99,500.00 |
| $3,500,000.00 | $349,500.00 |
| $6,500,000.00 | $649,500.00 |
| $9,000,000.00 | $899,500.00 |
What each input means
- Asset Cost
- Original purchase price of the asset.
- Salvage Value
- Estimated residual value at end of useful life.
- Useful Life
- Expected useful life of the asset in years.
- Current Year
- Year of depreciation to view.
How this is calculated
Worked example, using the default values
- Identify Input Parameters4 parametersAsset Cost = 50000, Salvage Value = 5000, Useful Life = 10, Current Year = 1 = 4 input(s) provided
- Calculate Annual DepreciationAnnual Depreciation4500 = $4,500
- Calculate Current Year Depreciation4500 = $4,500
- Calculate Accumulated DepreciationAccumulated Depreciation4500 = $4,500
Engine last updated . Checked against 1 independently-derived test — how we verify calculators.
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