Delivery trucks (4) Sample Modified
Vehicles, leased from Desert Fleet Leasing. Commenced Mar 1, 2025, ends Mar 1, 2030.
- Term
- 48 months, paid in arrears
- Discount rate
- 7.00%
- Liability at commencement
- 100,224.48
- ROU at commencement
- 100,224.48
- Straight-line cost
- 2,400.00 per period
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 |
|---|---|---|---|---|---|---|---|---|
| 100,224.48 | 21,600.00 | 4,875.32 | 83,499.80 | 21,600.00 | 16,724.68 | 83,499.80 | ||
| 83,499.80 | 28,800.00 | 5,767.65 | 82,837.15 | 28,800.00 | 23,032.35 | 82,837.15 | ||
| 10 | Jan 1, 2026 | 83,499.80 | 81,586.88 | 81,586.88 | ||||
| 11 | Feb 1, 2026 | 81,586.88 | 79,662.80 | 79,662.80 | ||||
| 12 | Mar 1, 2026 | 79,662.80 | 77,727.50 | 77,727.50 | ||||
| 13 | Apr 1, 2026 | 77,727.50 | 75,780.91 | 75,780.91 | ||||
| 14 | May 1, 2026 | 75,780.91 | 73,822.97 | 73,822.97 | ||||
| 15 | Jun 1, 2026 | 73,822.97 | 71,853.60 | 71,853.60 | ||||
| 16 | Jul 1, 2026 | 71,853.60 | 69,872.75 | 69,872.75 | ||||
| 17 | Aug 1, 2026 | 69,872.75 | 67,880.34 | 67,880.34 | ||||
| Modification effective Aug 1, 2026: liability 67,880.34 → 90,250.04, ROU asset 67,880.34 → 90,250.04. Details | ||||||||
| 18 | Sep 1, 2026 | 90,250.04 | 88,414.10 | 88,414.10 | ||||
| 19 | Oct 1, 2026 | 88,414.10 | 86,566.69 | 86,566.69 | ||||
| 20 | Nov 1, 2026 | 86,566.69 | 84,707.73 | 84,707.73 | ||||
| 21 | Dec 1, 2026 | 84,707.73 | 82,837.15 | 82,837.15 | ||||
| 82,837.15 | 28,800.00 | 5,419.95 | 59,457.10 | 28,800.00 | 23,380.05 | 59,457.10 | ||
| 59,457.10 | 28,800.00 | 3,604.89 | 34,261.99 | 28,800.00 | 25,195.11 | 34,261.99 | ||
| 34,261.99 | 28,800.00 | 1,648.93 | 7,110.92 | 28,800.00 | 27,151.07 | 7,110.92 | ||
| 7,110.92 | 7,200.00 | 89.08 | – | 7,200.00 | 7,110.92 | – | ||
Liability closes to 0.00 at end of term