Mortgage Calculator
Leasing Calculator
Our leasing calculator can help you see how much your lease will cost you in total interest over the term of your lease.
Simply enter the purchase price, the desired residual, the term of the lease, and the expected interest rate. Then select if your lease payments will be made in arrears or in advance to see how much your monthly repayments will be. You’ll also be able to see how much interest you can expect to pay and the total payments at the end of your lease.
Important notice: All computations are for illustrative purposes and do not constitute advice or a guarantee of a loan approval.
What Can You Use Our Leasing Calculator For?
An individual or organisation can take out a lease as a contractual agreement for the use of an asset. The person leasing the vehicle does not own the asset. Instead, they are paying for the right to use that asset.
Lease types can include motor vehicle leasing, business leasing and real estate leasing. The benefit of these types of leases is that the individual or organisation can decide at the end of the lease whether they would like to return it, continue to lease it or pay an agreed amount to own the asset outright.
So, if you are considering leasing an asset, this leasing calculator is a good place to start.
Ready to take the next step?
At The Property Education Company, we are experienced in securing the right finance to suit your situation.