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Financial Calculators

Financial Calculators

Auto Lease Vs. Buy Calculator

To choose between a vehicle lease or loan, you’ll need to compare your total costs over the term of the arrangement. This calculator will give you a rough estimate of the costs involved, as well as a comparison between “lost interest” costs related to your initial expenses. It will even calculate your estimated monthly lease payment and/or your monthly loan payment if necessary.

Start with Line 1 and work your way through the entry fields and then click on “Compute” to arrive at cost figures.


Description (A) Lease: (B) Loan: Instruct/Explain
1. Purchase price:
2. Sales tax rate:
3. Fees:
4. Cash Down payment:
5. Net Trade-in allowance:
6. Rebates:
7. Term (in months):
8. Interest rate (APR):
9. Monthly payment:
10. Security deposit:
11. Estimated resale value:
12. Annual savings rate:
13. Year #/% Deprec. 1 2 3 4 5 6 7 8 9 10
Description (A) Lease: (B) Loan: Instruct/Explain
14. Monthly payment:
15. Total of payments:
16. Total interest expense:
17. Net upfront expenses:
18. Depreciation expense:
19. Forgone Interest earnings:
20. Total cost:
21. Average cost per year: