Leasing calculator. Example calculation
Leasing - a financial tool to get to use the assets without attracting large borrowings. This tool provides periodically repayment of the cost of such property and to repurchase it at its residual value. Ie In other words - hire-purchase, when the lease payments is a partial repayment of the value of property, and right at the end of the lease agreement to purchase the property at depreciated value.
With this leasing calculator you can calculate the approximate cost of using leasing and choose the best scheme of its maturity.
Financial definition to the leasing calculator
How to calculate payments on lease
Calculator
Results
Basic conditions
| Term Lease | = 30 | months |
| The cost of leasing object | = 25000 | currency |
| Lease rate | = 15 | % annual (annuity scheme charges) |
| Advance payment for the object | = 15 | % |
| Single commission fee | = 1.5 | % |
| Amortization (monthly) | = 3.33 | % (normal amortization) |
The aggregate value of monetary units
| Monthly payout | = 831.08 |
| Total payout | = 29057.25 |
| including % | = 4503.07 |
| value object | = 24179.19 |
| commission | = 375.00 |
| The balance value of the object | = 820.81 |
Scheme of the lease payments
| Month | Cost object | Redemption value of the object | Remuneration lessor | Commission | Payment per month |
| 1 | 25000.00 | 4315.45 | 265.62 | 375.00 | 4956.08 |
| 2 | 20684.55 | 572.52 | 258.56 | 0.00 | 831.08 |
| 3 | 20112.03 | 579.67 | 251.40 | 0.00 | 831.08 |
| 4 | 19532.36 | 586.92 | 244.15 | 0.00 | 831.08 |
| 5 | 18945.44 | 594.26 | 236.82 | 0.00 | 831.08 |
| 6 | 18351.18 | 601.69 | 229.39 | 0.00 | 831.08 |
| 7 | 17749.49 | 609.21 | 221.87 | 0.00 | 831.08 |
| 8 | 17140.29 | 616.82 | 214.25 | 0.00 | 831.08 |
| 9 | 16523.47 | 624.53 | 206.54 | 0.00 | 831.08 |
| 10 | 15898.93 | 632.34 | 198.74 | 0.00 | 831.08 |
| 11 | 15266.60 | 640.24 | 190.83 | 0.00 | 831.08 |
| 12 | 14626.35 | 648.25 | 182.83 | 0.00 | 831.08 |
| 13 | 13978.11 | 656.35 | 174.73 | 0.00 | 831.08 |
| 14 | 13321.76 | 664.55 | 166.52 | 0.00 | 831.08 |
| 15 | 12657.21 | 672.86 | 158.22 | 0.00 | 831.08 |
| 16 | 11984.35 | 681.27 | 149.80 | 0.00 | 831.08 |
| 17 | 11303.07 | 689.79 | 141.29 | 0.00 | 831.08 |
| 18 | 10613.29 | 698.41 | 132.67 | 0.00 | 831.08 |
| 19 | 9914.88 | 707.14 | 123.94 | 0.00 | 831.08 |
| 20 | 9207.74 | 715.98 | 115.10 | 0.00 | 831.08 |
| 21 | 8491.76 | 724.93 | 106.15 | 0.00 | 831.08 |
| 22 | 7766.83 | 733.99 | 97.09 | 0.00 | 831.08 |
| 23 | 7032.84 | 743.16 | 87.91 | 0.00 | 831.08 |
| 24 | 6289.68 | 752.45 | 78.62 | 0.00 | 831.08 |
| 25 | 5537.23 | 761.86 | 69.22 | 0.00 | 831.08 |
| 26 | 4775.37 | 771.38 | 59.69 | 0.00 | 831.08 |
| 27 | 4003.98 | 781.03 | 50.05 | 0.00 | 831.08 |
| 28 | 3222.96 | 790.79 | 40.29 | 0.00 | 831.08 |
| 29 | 2432.17 | 800.67 | 30.40 | 0.00 | 831.08 |
| 30 | 1631.50 | 810.68 | 20.39 | 0.00 | 831.08 |
| Total | 24179.19 | 4503.07 | 375.00 | 29057.25 | |
| Rest | 820.81 |