The Negative Equity Pack
What a financed truck is worth against what is still owed on it — how far apart those get, for how long, and what the lower monthly payment actually buys
This site calculates both halves and subtracts neither. The loan page gives a full schedule of what you owe each month; the depreciation page gives what the truck is worth each year. The difference between them is the number that decides what a write-off costs — and for a long stretch of an ordinary agreement it is negative. Worked through on a 120,000 truck with 12,000 down at 7.5% over 72 months, depreciated double-declining over 8 years: the truck is worth less than the balance for 44 of those 72 months, peaking at a 10,344 shortfall in month 29. Month 29 is worth noting twice over — it is deep into the term, when the truck feels half paid for. The exposure does not peak early and fade. It peaks in the middle. That figure is not a payment or a fee. If the truck is stolen or written off, an insurer settles around its value and the lender wants the balance; the difference is cash you find yourself, for a machine you no longer have. The same arithmetic applies to a forced sale when work dries up, which is exactly when the money is hardest to find. The term is the lever pulled at the desk and its effect on the payment is the only effect anyone mentions. Here is the rest of it: on these figures the truck never goes underwater at 36 or 48 months at all, while stretching from 48 to 84 lowers the payment by 954.79 and buys 62 months of exposure peaking at 17,887. That may still be the right choice — cash flow is real, and a payment you cannot make is a worse problem than one you can. The point is to make it knowing both sides. The pack also prices the deposit that would remove the exposure entirely, which on the worked truck is 24.1% against the 10% being put down — so you can weigh the cost of the option rather than guess at it. A full page argues against the rest of it. Run the same truck straight-line instead of double-declining and the picture changes completely, because the depreciation curve is the assumption doing most of the work and the one you are least sure of. Neither curve is the truth; use the harsh one to size the risk and the gentle one to check whether the decision changes. No residual values, market rates or insurance products are asserted anywhere, and money carries no currency symbol. It says nothing about towing capacity, loading or any other matter of safety — it is finance arithmetic only. General estimates for planning, not financial, insurance or tax advice. It ends with a sheet of the nine lines the whole thing runs on.
What’s inside
- The two figures this site calculates separately and never subtracts
- Why the gap opens at all — a flat payment schedule against a falling value curve
- Your truck month by month, worth against owed, across the whole term
- How deep the shortfall goes, in which month, and how long it lasts
- What the lower payment on a longer term actually buys, term by term
- The deposit that would keep you above water throughout
- What a write-off costs during the exposure, line by line
- Whether the depreciation method changes the answer — and by how much
- What this does not settle: the three estimates, and which one is doing the work
- Your own numbers — the nine lines the pack runs on, and the order to work through them
Run one of the free calculators first and buy from that page, and this sheet is computed from your own figures. Buy from here and the pack still arrives complete — the sheet simply has no numbers of yours to work from yet.
14-day refund, no questions asked. If the pack is not what you needed, email support@graburl.com and we refund you in full — you do not have to justify it or delete the file. Full policy.
$19.00 including any taxes · PDF, 11 pages · instant download, link valid 7 days and 5 downloads.
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