Depreciation Calculator - Understand Asset Value Over Time
Our Depreciation Calculator helps you estimate the reduction in
value of an asset over time. This is useful for understanding tax
deductions, resale value, and accounting purposes. Choose between
Straight Line or Declining Balance method.
Frequently Asked Questions
Depreciation is the reduction in the value of an asset over
time, used in accounting to allocate cost over the asset's
useful life.
It equally divides the depreciation cost across all years of
the asset’s life.
It depreciates more in the initial years, decreasing over
time based on a percentage of remaining value.