A Depreciation Calculator is a financial tool used to calculate the reduction in value of an asset over time.
Enter the original purchase price of the asset.
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Enter the expected residual value percentage.
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Choose Straight Line or Declining Balance method.
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Enter the useful life of the asset.
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Click calculate to generate depreciation schedule.
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See year‑wise opening, depreciation and closing values.
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Using a depreciation calculator helps individuals and businesses manage assets efficiently and make better financial decisions.
Determine the current value of an asset
Calculate yearly depreciation expenses
Maintain accurate accounting records
Support tax planning and compliance
Make informed asset replacement decisions
Tracks Asset Lifespan
A depreciation calculator can be used for various purposes. It helps you find the most suitable real estate or asset value by calculating how the value decreases over time due to wear and tear, usage, or aging. Here are the main types of depreciation calculators available in India:
An apartment depreciation calculator helps determine the value of an apartment at a specific point after construction is completed. While the structure loses value over time due to aging, the land value may appreciate. Since apartments share common spaces among multiple units, the land appreciation is distributed, making it smaller compared to a standalone house. Using this calculator, you can factor in both your share of the land value appreciation and the structure depreciation to get the final apartment value.
This calculator allows you to calculate the depreciation of furniture, especially for business purposes. It helps spread the cost of furniture over its useful life in your balance sheet, making your financial statements cleaner and helping you claim tax rebates. Additionally, if you plan to sell the furniture later, you can quote its depreciated value as the sale price.
Property depreciation calculators are used to determine the fair value of a property by combining land appreciation with the depreciation of any structures on it. If you purchase property primarily for the land, its value will likely continue to rise. However, buildings or structures on the property will depreciate over time. This calculator helps investors and property owners find the current fair value of their property.
House depreciation is a standard cost deduction that benefits homeowners, especially those earning rental income. By calculating depreciation, you can deduct it from rental income, reducing your taxable income. This long-term benefit helps save taxes while managing your home loan EMIs. A house depreciation calculator helps homeowners maximize these tax advantages.
A building depreciation calculator allows you to determine the adjusted value of an entire building by factoring in depreciation, land appreciation, operational costs, and maintenance. It is especially useful for taxation purposes or if you plan to buy or sell a building. This ensures you use the correct depreciated value of the asset for financial or legal purposes.