# Lease Calculator

> Calculate monthly lease payments for equipment or property given a residual value.

Page: https://askcalculators.com/calculator/lease-calculator/
Definition: https://askcalculators.com/calculator/lease-calculator/definition.json
JSON Schema: https://askcalculators.com/calculator/lease-calculator/schema.json
Version: 7.0.0
Maintained by: AskCalculators (software project; not a credentialed reviewer)
Qualified review: pending. Automated checks do not establish professional approval.
Page status: Live
Review status: Pending

## Use
Open the calculator page and enter values. Query-string parameters can restore and bookmark a calculation.
Example: https://askcalculators.com/calculator/lease-calculator/?assetValue=50000&residualValue=10000&term=36&interestRate=6

## Inputs
- assetValue: Asset Value (Cost); type=number; optional; default=50000
- residualValue: Residual Value (Buyout); type=number; optional; default=10000
- term: Lease Term (Months); type=number; optional; default=36
- interestRate: Interest Rate; type=number; optional; default=6

## Outputs
- result: Result; format=text; primary

## Formula
Payment is calculated as an amortizing lease/loan with an entered residual or balloon value discounted over the term.

## Rules
- Empty optional inputs are undefined, not zero.
- Hidden conditional inputs are ignored.
- Do not invent missing required inputs.