Enter the asset cost, salvage value and useful life, then choose straight-line or reducing-balance. The calculator produces a year-by-year depreciation schedule.
It spreads cost evenly: annual depreciation = (cost − salvage value) / useful life. The asset loses the same amount of value every year.
It applies a fixed percentage to the remaining book value each year, so depreciation is highest early on and shrinks over the asset's life.
Salvage value is the estimated resale or scrap value at the end of an asset's useful life. Only cost minus salvage is depreciated over time.
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