Financing
Most manufacturing processes require some large initial cost, such as that for equipment or tooling, which can be financed over several years. Based on the annual interest rate and payment term (months), the required monthly payments, total cost after interest, and the cost per part will be calculated.
Input Parameters
Order quantity (parts)
parts
Equipment or tooling cost ($)
$
Annual interest rate (%)
%
Payment term (months)
months
Results
Monthly payment:
-
Total cost:
-
Cost per part:
-