Amortized lease payment with residual balloon — equipment and capital leases.
Capitalized cost: $45,000.00
Residual (balloon): $10,000.00
Monthly payment (before tax): $908.76
Total of monthly payments: $43,620.48
Down + payments: $48,620.56
Est. finance charge over term: $8,620.56 · Implied money factor ≈ 0.003125 (APR ÷ 2400)
Monthly Lease Payment Calculator helps you amortized lease payment with residual balloon — equipment and capital leases. It is commonly used by finance teams, founders, individual planners for monthly lease payment calculator, equipment lease calculator, capital lease payment.
Formula
Payments amortize capitalized cost (asset minus down payment) down to a residual balloon at lease end, using the standard monthly rate:
Payment = (PV − FV/(1+r)^n) × r / (1 − (1+r)^−n)
Example (pre-filled)
$50,000 equipment · $5,000 down · 20% residual · 48 months · 7.5% APR → monthly payment before tax.
Note
Planning estimate only. Actual leases may include fees, tax treatment, and purchase options.
Disclaimer: This calculator provides information only and is not financial, tax, or legal advice.