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YourMoneyPage Thinking of buying a heat pump? See if you would come out ahead with our  Heat Pump vs Regular Furnace/Air payback calculator
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High Efficiency Furnace Payback Calculator

We went out to 24 years and don't see that you would come out ahead by purchasing the new furnace. The chart below shows details.

(Compare the payback of two new furnaces here.)
End of
Year
Old Furnace
Utility Cost
New Furnace
Utility Cost
Accumulated
Utility Savings
Accumulated
Gain or Loss
1$0.00$0.00$0.00$0.00
2$0.00$0.00$0.00$0.00
3$0.00$0.00$0.00$0.00
4$0.00$0.00$0.00$0.00
5$0.00$0.00$0.00$0.00
6$0.00$0.00$0.00$0.00
7$0.00$0.00$0.00$0.00
8$0.00$0.00$0.00$0.00
9$0.00$0.00$0.00$0.00
10$0.00$0.00$0.00$0.00
11$0.00$0.00$0.00$0.00
12$0.00$0.00$0.00$0.00
13$0.00$0.00$0.00$0.00
14$0.00$0.00$0.00$0.00
15$0.00$0.00$0.00$0.00
16$0.00$0.00$0.00$0.00
17$0.00$0.00$0.00$0.00
18$0.00$0.00$0.00$0.00
19$0.00$0.00$0.00$0.00
20$0.00$0.00$0.00$0.00
21$0.00$0.00$0.00$0.00
22$0.00$0.00$0.00$0.00
23$0.00$0.00$0.00$0.00
24$0.00$0.00$0.00$0.00
Assumptions

- This simplified calculator does NOT take inflation, interest on savings or interest paid on loans into acccount in these calculations.
- Electricity used by furnace not considered. In general electricity use will be a very small component of furnace running cost.


This calculator is provided as a free service.  No guarantee, explicit or implied, is made regarding its' accuracy or suitability to a specific purpose.