Loan vs Lease Calculator
Trying to decide whether to buy or lease a vehicle? Enter the loan and lease details and compare what you'll actually spend over the same period. Includes resale value for buying and buyout option for leasing.
Note
This comparison ignores insurance, maintenance, taxes, and opportunity cost of capital. Use it as a quick estimate.
Loan / Buy
Lease
How to use
- Enter the vehicle price, your down payment, loan interest rate, and loan tenure.
- Enter the monthly lease payment and lease term.
- Add the estimated resale value if buying, or lease-end buyout if leasing - these affect the real total cost.
- Click Calculate to see side-by-side totals for both options.
Related tools: