Lease Calculator

Asset Value ($)

Residual Value ($)

Lease Term (Years)

Lease Term (Months)

Interest Rate (% per year)

This calculator estimates your monthly lease payments using amortized interest and asset depreciation.

Monthly Depreciation Payment: Based on asset value minus residual value using an amortized formula
Finance Charge: Interest-only on the residual value
Total Payment: Monthly × Lease term in months
Total Interest: Total Paid − Depreciation

This tool is commonly used for vehicles, equipment leasing, and asset-based finance decisions.