Lease Calculator
Leasing spreads the cost of using an asset over a term with periodic payments instead of purchasing outright. Enter asset value, residual value, lease term...
Enter values and click Calculate.
Schedule
Introduction
Leasing spreads the cost of using an asset over a term with periodic payments instead of purchasing outright. Enter asset value, residual value, lease term, and interest rate to calculate monthly payments.
Equipment and Property Leases
Leasing spreads the cost of using an asset over a term with periodic payments instead of purchasing outright. Enter asset value, residual value, lease term, and interest rate to calculate monthly payments.
Fixed Rate vs Fixed Payment
Fixed rate mode calculates payment from value, residual, term, and rate. Fixed payment mode works backward to find the implied rate for a target monthly payment.
Residual Value
The residual is the asset value at lease end. Higher residual lowers monthly payment but may create a large buyout if you want to keep the asset.
Operating vs Finance Lease
Operating leases treat payments as expenses. Finance leases capitalize the asset on the balance sheet under current accounting rules. Verify classification with your accountant.
Lease Schedule
Review total payments, interest portion, and annual or monthly amortization-style schedules with principal-vs-interest charts over the lease term.
Related Tools
Auto Lease Calculator for vehicles, Finance Calculator for general TVM.
How It Works
- Enter your amounts, rates, and term in the form. Use the same units shown in the labels (dollars, years, percent).
- Click Calculate to run the Lease Calculator engine. Invalid or empty required fields show a clear error message.
- Review the summary cards for the key outputs. Expand schedules or tables when available for period-by-period detail.
- Copy, print, or share your scenario link. Reset the form anytime to start a fresh comparison.