Forklifts, $1 buyout Finance lease Sample
Equipment, leased from Valley Equipment Finance. Commenced Oct 1, 2025, ends Oct 1, 2030.
- Term
- 60 months, paid in arrears
- Discount rate
- 8.00%
- Liability at commencement
- 91,239.77
- ROU at commencement
- 91,239.77
- Amortized over
- 120 months
Grouped by fiscal year; each year's row shows its totals and year-end balances. Click any payment, interest, cost or amortization figure to see the calculation.
| Period | Date | Opening liability | Payment | Interest | Closing liability | Lease cost | ROU amortization | ROU closing |
|---|---|---|---|---|---|---|---|---|
| 91,239.77 | 3,700.00 | 1,208.26 | 88,748.03 | 2,728.92 | 1,520.66 | 89,719.11 | ||
| 88,748.03 | 22,200.00 | 6,533.67 | 73,081.70 | 15,657.63 | 9,123.96 | 80,595.15 | ||
| 3 | Jan 1, 2026 | 88,748.03 | 87,489.68 | 88,958.78 | ||||
| 4 | Feb 1, 2026 | 87,489.68 | 86,222.94 | 88,198.45 | ||||
| 5 | Mar 1, 2026 | 86,222.94 | 84,947.76 | 87,438.12 | ||||
| 6 | Apr 1, 2026 | 84,947.76 | 83,664.08 | 86,677.79 | ||||
| 7 | May 1, 2026 | 83,664.08 | 82,371.84 | 85,917.46 | ||||
| 8 | Jun 1, 2026 | 82,371.84 | 81,070.99 | 85,157.13 | ||||
| 9 | Jul 1, 2026 | 81,070.99 | 79,761.46 | 84,396.80 | ||||
| 10 | Aug 1, 2026 | 79,761.46 | 78,443.20 | 83,636.47 | ||||
| 11 | Sep 1, 2026 | 78,443.20 | 77,116.15 | 82,876.14 | ||||
| 12 | Oct 1, 2026 | 77,116.15 | 75,780.26 | 82,115.81 | ||||
| 13 | Nov 1, 2026 | 75,780.26 | 74,435.46 | 81,355.48 | ||||
| 14 | Dec 1, 2026 | 74,435.46 | 73,081.70 | 80,595.15 | ||||
| 73,081.70 | 22,200.00 | 5,233.38 | 56,115.08 | 14,357.34 | 9,123.96 | 71,471.19 | ||
| 56,115.08 | 22,200.00 | 3,825.16 | 37,740.24 | 12,949.12 | 9,123.96 | 62,347.23 | ||
| 37,740.24 | 22,200.00 | 2,300.07 | 17,840.31 | 11,424.03 | 9,123.96 | 53,223.27 | ||
| 17,840.31 | 18,501.00 | 660.69 | – | 8,263.99 | 7,603.30 | 45,619.97 | ||
Liability closes to 0.00 at end of term