Lease Calculator
Find the monthly payment for an equipment, generator or vehicle lease — see depreciation and finance charge separately from asset cost, residual value and lease rate.
Monthly Depreciation Charge
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Monthly Finance Charge
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Monthly Lease Payment
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Total Lease Payments
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Total With Residual Buyout
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How to use
- Enter the asset cost and the residual value at the end of the lease.
- Enter the term in months and the annual lease rate.
- See the two parts of the monthly payment — depreciation and finance charge.
- If you want to buy the asset when the lease ends, check the total buyout amount.
Note
Uses the standard lease formula, where the finance charge applies on the average outstanding value. Real lease contracts may have advance rentals, insurance and maintenance separately.