Equipment Lease Payment Calculator - Calculate Monthly Payments and Interest Rate

Lease Payment Calculator

Monthly Payment

Interest Rate

*Asset Value

($)

*Residual Value

($)

*Lease Term

Years Months

*Annual Interest Rate

(%)

*Asset Value

($)

*Residual Value

($)

*Lease Term

Years Months

*Monthly Payment

($)

Lease Calculation Results

Monthly Payment

Interest/Return Rate

Total Payments

Total Interest

Comprehensive Amortization Schedule

Monthly Schedule
Month	Principal	Interest	Ending Balance

Annual Schedule
Year	Principal	Interest	Ending Balance

Cost Structure Analysis

Financial Performance Tracking

Renting Equipment Worth $30,000 With a $10,000 Residual Value for 3 Years at 6% Interest, What Is the Monthly Payment?

If you rent a piece of equipment valued at $30,000 with a residual value of $10,000 for 3 years at an interest rate of 6%, you need to pay $658.44 each month.

References

This calculator is developed using established financial principles and industry standards. For additional information, consult these authoritative sources:

U.S. Small Business Administration (SBA): Business Loan and Financing Guide
Federal Trade Commission (FTC): Leasing and Financing Guidelines
Internal Revenue Service (IRS): Publication 535 - Business Expenses (Including Lease Deductions)
Equipment Leasing and Finance Association (ELFA): Industry standards and best practices
Financial Accounting Standards Board (FASB): ASC 842 - Lease Accounting Standards
Consumer Financial Protection Bureau (CFPB): Equipment and Vehicle Financing Consumer Guide