Equipment lease or buy calculator

If you buy

Equipment priceDown payment ($)Loan rate (%)Loan term (months)

If you lease

Lease payment per monthLease term (months)Buyout at end (0 to return)Value at lease end ($)

Cheaper at today's valueBuying, by $6,380

Buying, at today's value$71,618

Leasing, at today's value$77,998

Rate the lease implies16.39%

Loan payment, monthly$1,638.22

Lease payment, monthly$1,850.00

Buying, net cash paid$90,293

Leasing, net cash paid$103,000

You own the equipment at the end either way, so its resale value does not change this result.

Estimates only. This is not a quote or tax advice. Your lender and your lease set the real terms. The loan rate starts at SBA's maximum for the size until you change it. The math runs in your browser, and we do not save what you enter.

Open the full calculator for the method and the sources.

Next step

Tell us about the equipment and we send your request to a lending partner.

Start my loan request

Janover Capital LLC is not a lender and is not the SBA. The lender makes the credit decision. A lender or marketplace may pay us a referral fee if we connect you, at no cost to you. Advertiser disclosure.

Provided by sbaexpress.loans, a property of Janover Capital LLC. Not the SBA and not a lender. A lender or marketplace may pay us a referral fee if we connect you, at no cost to you. Advertiser disclosure.