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Author: admin | Category: Calculator Car Loan | Date: 13.08.2015

A lease is a method of financing the use of an asset, and is an agreement between a lessee (who rents the asset), and a lessor (who owns the asset).
This monthly lease payment calculator works out the monthly payment (Pmt) needed at the end of each month, taking into account the cost of the asset (C), its residual value (R), the lease interest rate (i), the number of payments (n), and the number of advance payments (a) required by the lease agreement. The Excel monthly lease payment calculator, available for download below, is used to compute the monthly lease payment by entering details relating to the cost and residual value of the asset, the lease interest rate, and the number of payments and advance payments required by the lease agreement.
The monthly lease payment calculator spreadsheet is available for download in Excel format by following the link below. The monthly lease payment calculator is one of many used when preparing financial projections, discover another at the links below. DisclaimerAll the information contained in this website is for general information purposes only.
This is the amount the lessor (finance company) pays for the asset today, at the start of the lease term.


This is the number of monthly payments required to be paid in advance (today) at the start of the lease agreement. We make no warranty or representation as to its accuracy and we are covered by the terms of our legal disclaimer, which you are deemed to have read. We endeavor to keep the information up to date and correct, but make no claims as to accuracy.
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For example, if the lease has a 3 year term, the number of payments (n) will be 3 x 12 = 36 monthly lease payments. For example, if the total number of payments (n) is 36, and the number of advance payments (a) is 2, a further 34 payments will be made at the end of each month for the following 34 months.


This is an example of a payments calculator that you might use for example when considering how to calculate monthly car payments.
This is not intended to reflect general standards or targets for any particular business, company or sector. If you do spot a mistake in this lease finance calculator, please let us know and we will try to fix it.




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