Straight-Line Depreciation Calculator

$
Enter asset cost in $.
$
Enter salvage value in $.
years
Enter useful life in years.
Finance

Spread depreciable cost evenly over useful life.

Formula

Annual depreciation = (cost − salvage) / useful life

Example Calculation

Example inputs
  • Asset cost: 12000 $
  • Salvage value: 2000 $
  • Useful life: 5 years

A $12,000 asset with $2,000 salvage over five years depreciates $2,000 per year.

Frequently asked questions

How do I use this calculator?

Enter asset cost, salvage value, useful life. The result updates automatically. Use Reset to restore the example values.

What method does it use?

Annual depreciation = (cost − salvage) / useful life. Straight-line method only; no jurisdiction-specific tax depreciation rules are applied.

Why might a rounded result differ?

The calculation keeps full numeric precision internally, then rounds the displayed result. Rounding intermediate steps by hand can produce a slightly different answer.

Are my inputs saved online?

No. This calculator processes your inputs in your browser. A recently used list stores only calculator names on this device, not your entered values.

Check the assumptions and units before using this result. Read about calculation methods.