{
  "id": "lease-calculator",
  "version": "7.0.0",
  "name": "Lease Calculator",
  "shortName": "Lease",
  "description": "Calculate monthly lease payments for equipment or property given a residual value.",
  "category": "Finance",
  "categorySlug": "finance",
  "keywords": [
    "lease"
  ],
  "status": "live",
  "workStatus": "pending",
  "reviewStatus": "pending",
  "migrationStatus": "migrated",
  "migratedDate": "2026-08-18",
  "engine": "legacy-react",
  "creator": null,
  "reviewer": null,
  "quality": {
    "availability": "live",
    "technicalReviewRecord": "/reviews/lease-calculator.json",
    "qualifiedReview": "pending",
    "qualifiedReviewer": null,
    "qualifiedReviewDate": null,
    "formulaVersion": "7.0.0",
    "referenceCoverage": "references-pending",
    "releaseTestScope": "Catalog and regression checks are not a professional formula audit; consult release evidence.",
    "historicalMetadataDate": "2026-08-18",
    "historicalMetadataNotice": "The imported date is not evidence of a completed human review."
  },
  "urls": {
    "page": "/calculator/lease-calculator/",
    "definition": "/calculator/lease-calculator/definition.json",
    "schema": "/calculator/lease-calculator/schema.json",
    "llms": "/calculator/lease-calculator/llms.txt",
    "legacyDefinition": "/calculator/lease-calculator.json"
  },
  "queryExample": "https://askcalculators.com/calculator/lease-calculator/?assetValue=50000&residualValue=10000&term=36&interestRate=6",
  "queryParameters": {
    "assetValue": {
      "label": "Asset Value (Cost)",
      "type": "number",
      "required": false,
      "default": 50000
    },
    "residualValue": {
      "label": "Residual Value (Buyout)",
      "type": "number",
      "required": false,
      "default": 10000
    },
    "term": {
      "label": "Lease Term (Months)",
      "type": "number",
      "required": false,
      "default": 36
    },
    "interestRate": {
      "label": "Interest Rate",
      "type": "number",
      "required": false,
      "default": 6
    }
  },
  "inputs": [
    {
      "id": "assetValue",
      "label": "Asset Value (Cost)",
      "type": "number",
      "defaultValue": 50000
    },
    {
      "id": "residualValue",
      "label": "Residual Value (Buyout)",
      "type": "number",
      "defaultValue": 10000
    },
    {
      "id": "term",
      "label": "Lease Term (Months)",
      "type": "number",
      "defaultValue": 36
    },
    {
      "id": "interestRate",
      "label": "Interest Rate",
      "type": "number",
      "defaultValue": 6
    }
  ],
  "outputs": [
    {
      "id": "result",
      "label": "Result",
      "format": "text",
      "primary": true
    }
  ],
  "formula": {
    "expression": "Payment is calculated as an amortizing lease/loan with an entered residual or balloon value discounted over the term."
  },
  "examples": [
    {
      "label": "Reproducible default-input example (not a personal recommendation)",
      "inputs": {
        "assetValue": 50000,
        "residualValue": 10000,
        "term": 36,
        "interestRate": 6
      }
    }
  ],
  "sources": []
}