To use the Lease Calculator, type in the dollar amount of the equipment and compare among three available options: Fair Market Value, 10% Purchase Option or $1 Buyout.

Select Lease Term:

Select Lease Type:
For Hardware:
For Software and
Maintenance:
Only $1 Buyout is offered
Input Leased Property Cost:
The combined total for both Hardware and Software must be above $15,000
Hardware:    
  
Software Product:    
*
Software Maintenance:    
*
 
Hardware
< Results >
Software
Leased Property
Cost
Lease Type
Lease Term
Monthly Payment

Total Property Cost:
Total Monthly Payment:
 
 
 


* You must enter an amount for both software product and maintenance The calculator requires a "JAVA ENABLED" browser, this would be Netscape 3.0 and up, or Internet Explorer 3.5 and up. Setting have to be clicked in the Preferences tab - to enable java.
     
     
(*) Note: The lease payments obtained from the Lease Calculator are only estimates and not binding. There may be adjustments to the actual lease payments in the final Lease Agreement depending on certain factors, including changing market conditions and credit quality.
 
(*)Note: The lease payments obtained from the Lease Calculator are only estimates and not binding. There may be adjustments to the actual lease payments in the final Lease Agreement depending on certain factors, including changing market conditions and credit quality.
  

Explanations for the different end-of-term options are provided below:

Fair Market Value (FMV) Purchase Option
This program has the lowest monthly payments. At the end of the lease term, you may purchase the leased property for its current fair market value.

In many cases, this lease structure may also offer tax and accounting advantages as payments are considered an operating expense and neither the capital asset nor the related liability are reflected on your balance sheet. Your tax/accounting advisor should be consulted for specific recommendations.

10% Buyout
This program is attractive if you want low monthly payments, which are made possible by your purchase of the leased property at the end of the lease term for 10% of the original purchase amount.

$1 Buyout
The monthly payments associated with this structure are similar to a loan that is fully amortized through a schedule of equal payment amounts.