Lease Calculator
Compute the monthly lease payment for a car or equipment. Accounts for asset price, residual value at lease end, tenure, and money-factor (interest rate).
🇮🇳All amounts in ₹ INR · India tax law · FY 2025–26
Inputs
Monthly lease
₹33,120
Lease vs Loan
A loan transfers ownership; a lease is a long rental that ends with either returning, buying at residual, or renewing. Salaried Indians on company-owned cars often see leases bundled as a perk — tax-advantaged in old regime, partially taxed in new.
When leasing makes sense
- Asset depreciates fast (cars, IT equipment)
- You upgrade every 3–4 years
- Company-perk arrangement with tax shield