Server equipment Finance lease Sample
IT equipment, leased from Mesa Technology Capital. Commenced Apr 1, 2026, ends Jan 1, 2029.
- Term
- 12 quarters, paid in advance
- Discount rate
- 5.50%
- Liability at commencement
- 91,296.66after the 9,000.00 paid that day; 100,296.66 before it
- ROU at commencement
- 100,296.66
- Amortized over
- 12 quarters
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 |
|---|---|---|---|---|---|---|---|---|
| 100,296.66 | 27,000.00 | 3,445.06 | 76,741.72 | 28,519.24 | 25,074.18 | 75,222.48 | ||
| 1 | Apr 1, 2026 | 100,296.66 | 92,551.99 | 91,938.60 | ||||
| 2 | Jul 1, 2026 | 92,551.99 | 84,700.83 | 83,580.54 | ||||
| 3 | Oct 1, 2026 | 84,700.83 | 76,741.72 | 75,222.48 | ||||
| 76,741.72 | 36,000.00 | 3,054.02 | 43,795.74 | 36,486.26 | 33,432.24 | 41,790.24 | ||
| 43,795.74 | 36,000.00 | 1,204.27 | 9,000.01 | 34,636.51 | 33,432.24 | 8,358.00 | ||
| 9,000.01 | 9,000.00 | (0.01) | – | 8,357.99 | 8,358.00 | – | ||
Liability closes to 0.00 at end of term