How Do You Calculate Lease Rates By Using Tcalc.Com Website?
Leasing a car is an important decision that needs to be carefully planned and assessed. The lease rate is important because it determines what your lease fee will be. The lease rate can be determined if the payment amount, lease amount, residual amount, lease term, and number of advance payments are known. Learn how to easily calculate the lease rate with a lease rate calculator and even print an amortization schedule after simply entering a few numbers by using the Tcalc.com website. Go to the following website to access the lease calculator: http://www.tcalc.com/tvwww.dll?CalcLease?Cstm=farmers2&IsAdv=0&SlvFr=2&PmntAmt=370.00&AdvPmnt=1 Enter the following data in the fields: Lease Start Date, Lease Amount, Number of Advance Payments, Number of Payments, Payment Amount, and Residual Amount. For example, if you are leasing a $17,000 car on May 1, 2009 with a monthly payment of $400 for 3 years, with one advance payment and a residual amount of $11,000, enter the following in the respec