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Leasing Calculator

Nov 7, 2023

About this app

A simple and easy-to-use leasing calculator for equipment financing.

Leasing Calculator 🖩 Leasing Calculator Lease Term (Months) Purchase Price ($) Residual Value ($) Calculate

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Source

                    <html>
<head>
<meta charset="utf-8">
<meta http-equiv="X-UA-Compatible" content="IE=edge">
<meta name="viewport" content="width=device-width,initial-scale=1">

<title>Leasing Calculator</title>
<meta name="description" content="A simple and easy-to-use leasing calculator for equipment financing.">
<meta name="keywords" content="Leasing, Calculator, Financing, Equipment">

<link href="https://fonts.googleapis.com/css2?family=Quicksand:wght@500&display=swap" rel="stylesheet">
<link href="https://cdn.jsdelivr.net/npm/bootstrap@5.0.2/dist/css/bootstrap.min.css" rel="stylesheet"
integrity="sha384-EVSTQN3/azprG1Anm3QDgpJLIm9Nao0Yz1ztcQTwFspd3yD65VohhpuuCOmLASjC" crossorigin="anonymous">
<link href="https://stackpath.bootstrapcdn.com/font-awesome/4.7.0/css/font-awesome.min.css" rel="stylesheet">

<script type="text/javascript">
try {
// Hidden values
var interest_rate = 6.5 / 100;
var margin_rate = 6 / 100;

document.addEventListener("DOMContentLoaded", function() {
var calculateButton = document.getElementById('calculate');
calculateButton.addEventListener('click', function() {
var purchase_price = parseFloat(document.getElementById('purchase_price').value);
var residual_value = parseFloat(document.getElementById('residual_value').value);
var months = parseFloat(document.getElementById('months').value);

var purchase_price_with_margin = purchase_price * (1 + margin_rate);
var monthly_rate = interest_rate / 12;
var numerator = (purchase_price_with_margin - residual_value) * monthly_rate;
var denominator = 1 - Math.pow(1 + monthly_rate, -months);
var lease_payment = numerator / denominator;

document.getElementById('result').innerHTML = 'Monthly Lease Payment: $' + lease_payment.toFixed(2);
});
});

} catch (error) {
throw error;
}
</script>

<style>
body {
font-family: 'Quicksand', sans-serif;
background: #f8f9fa;
}
#main-container {
max-width: 500px;
margin: auto;
padding: 20px;
background: #fff;
border-radius: 5px;
box-shadow: 0px 0px 10px rgba(0,0,0,0.1);
}
h1 {
text-align: center;
color: #6c757d;
}
p#result {
font-size: 18px;
font-weight: bold;
color: #007bff;
text-align: center;
}
</style>
</head>
<body>
<div id="main-container" class="container">
<h1>🖩 Leasing Calculator</h1>
<div class="mb-3">
<label for="months" class="form-label">Lease Term (Months)</label>
<input type="number" class="form-control" id="months" min="6" max="96" step="1" value="6">
</div>
<div class="mb-3">
<label for="purchase_price" class="form-label">Purchase Price ($)</label>
<input type="number" class="form-control" id="purchase_price" min="0" step="0.01">
</div>
<div class="mb-3">
<label for="residual_value" class="form-label">Residual Value ($)</label>
<input type="number" class="form-control" id="residual_value" min="0" step="0.01">
</div>
<button id="calculate" class="btn btn-primary w-100">Calculate</button>
<p id="result"></p>
</div>
</body>
</html>