Loan Calculator

Wondering if Leasing is the best option for you? Check out the comparison below.

Cash / Loan / Lease Calculator by Weslease
Preferred term (in years)
How much does your equipment cost?
What is your current Line of credit interest rate?
What lease rate were you quoted?
What taxes apply to you (GST, PST)
What buyout would you prefer? ($1 or 10%)
What is your business tax rate?
What is your return rate on investment? (ROI)
CASH
LOAN
LEASE
COST OF EQUIPMENT
Bank Interest(for example purposes only)N/AN/A
Monthly Lease Payment before taxesN/AN/A
Taxes (GST & PST)
Lease Buyout
Total Equipment Cost before Tax Savings and Future Value
TAX SAVINGS
Depreciation (variable declining balance)N/A
Bank Interest$0.00N/A
Lease Payments Plus BuyoutN/AN/A
Total Deductions$0.00
(Deductions x Your Tax Rate)$0.00
FUTURE VALUE OF CAPITAL
Interest Earned on CapitalĀ Over TermĀ (Your Corporate ROI)
NET COST OF EQUIPMENT
Total Equipment Cost
Less Corporate Tax Savings
Less Interest Earned
Less GST Tax Credit
NET COST OF EQUIPMENT
CASH ON HAND AT END OF TERMN/A