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Independent machine intelligence · Research before the decision
THE MACHINEBLUE BOOKResearch · Market · Ownership
MBB Explains · Film 11

Why Monthly Payment Is Not Enough

“Only” is doing an extraordinary amount of work in that monthly payment.

Open the machine ownership guideMore MBB Explains films
MBB Explains · 57.9 secondsOriginal MBB animation · English captions

About this film

“Only” is doing an extraordinary amount of work in that monthly payment.

Bronto compares the full arrangement, not just the number that fits nicely on the sign.

Example assumptions

$1,500*84=$126,000 and $2,000*60=$120,000. Equal upfront cash, no fees or final payment. Simple nominal payment totals, not complete loan offers, APR calculations, present values or a recommendation for the shorter term.

Educational boundary

General educational information only, not an offer of financing, a recommendation to borrow, or individual financial, tax, legal, engineering or safety advice. All dollar amounts are USD. Bob, the finance representative and their situations are fictional. Numerical examples are hypothetical, not current offers, market benchmarks, normal rates, quotes or promises of approval or return. Eligibility, terms, fees, tax treatment, ownership rights and laws depend on the actual agreement, jurisdiction and circumstances. MBB is an independent information resource, not a law firm, and is not acting as your lender, broker, attorney, accountant, financial adviser or site engineer. Consult appropriately qualified professionals and read the actual written terms before deciding. Commercial equipment credit does not automatically receive consumer mortgage protections.

An MBB Explains short, narrated by Bronto. Fictional illustrations turn machinery questions into something a little easier to understand.

Independent machinery knowledge. Understand the numbers before deciding.

Original MBB animation with synthetic Bronto narration. Narration: synthetic Bronto voice. The film uses English captions as a separate track, so they can be turned off.

Read the complete transcript

Bob has found a machine for only fifteen hundred dollars a month. Only is doing an extraordinary amount of work in that sentence. Let us give it some assistance. Eighty four payments of fifteen hundred total a hundred and twenty six thousand dollars. Sixty payments of two thousand total a hundred and twenty thousand. Smaller monthly payment, larger total. That comparison assumes equal upfront cash, no fees and no final payment. Change those terms and the totals change. Contracts are inconveniently fond of details. Compare the complete cash outlay, term, rate and end obligations. Then ask whether the payment fits realistic cash flow. Affordability matters alongside overall value. The monthly payment is not the whole arrangement. Find better questions at Machine Blue Book. General education, not individual advice.