Refrigerator
Initial Cost of Appliance ($): 1,500; Estimated Lifespan (Years): 12; Appliance Age (Years): 4
Annual Depreciation ($): 125; Accumulated Depreciation ($): 500; Current Value of Appliance ($): 1,000
Appliance Depreciation Calculator
Everyday life0.0(0)
Calculates the current value of a home appliance based on its initial cost, lifespan, and age.
How To Use
How to use this calculator
Start with your values, or try a preset.
Step 1
Enter Initial Cost of Appliance ($), Estimated Lifespan (Years), and Appliance Age (Years) in the units shown.
Step 2
Read Annual Depreciation ($), Accumulated Depreciation ($), and Current Value of Appliance ($) in the results panel. Results update as you change the inputs.
Step 3
Choose a preset to load an example, then adjust the values for your situation.
Worked Examples
Example calculations
See the inputs and their calculated results.
Washing Machine
Initial Cost of Appliance ($): 800; Estimated Lifespan (Years): 10; Appliance Age (Years): 3
Annual Depreciation ($): 80; Accumulated Depreciation ($): 240; Current Value of Appliance ($): 560
Dishwasher
Initial Cost of Appliance ($): 700; Estimated Lifespan (Years): 9; Appliance Age (Years): 5
Annual Depreciation ($): 77.77777778; Accumulated Depreciation ($): 388.8888889; Current Value of Appliance ($): 311.1111111
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