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Required Input

  1. in advance in arrears
  2. $
  3. $
  4. %


  1. $
  2. $
Calculator Assumptions

Monthly lease payments will be determined from the vehicle/equipment value, current interest rate, the term of the lease and the residual.


  • It uses a constant interest rate for the full term and compounds on a monthly basis.
  • It assumes each month is 52/12 weeks.
  • Monthly payments are made at start of each period if “in advance” is selected and at the end of each period if “in arrears” is selected.
  • Dealer fees, account fees, tax benefits and taxes owed have not been taken into account.
  • Consider the vehicle depreciation when using this calculator. A residual that is too large may risk a liability at the end of the term (negative equity).
  • You can email your results to yourself and if you request, a copy of your results and contact information is sent to the web site owner.
  • You can print your results for future reference.
  • You should consult a finance professional before you make decisions based on this calculator.

Disclaimer: Whilst every effort has been made to ensure the accuracy of this calculator, the results should be used as indication only. They are neither a quote nor a pre-qualification for a home loan.