Asset Finance Calculator
Estimate monthly payments on hire purchase, a finance lease or an operating lease, factoring in your deposit and any balloon payment. An estimate, not a quote.
Estimate your monthly payment
You take ownership of the asset after the final payment. All payments are capital plus interest, and you can claim capital allowances from day one.
An estimate only. Operating lease payments assume a 30% residual value. Actual terms depend on the asset, the lender and your trading profile.
Which agreement suits you?
Hire purchase suits businesses that want to own the asset and claim capital allowances. A finance lease keeps the asset off your balance sheet while you use it for its working life. An operating lease is best where you want to upgrade regularly and hand the asset back at the end.
A balloon payment lowers your monthly cost by deferring part of the capital to the end of the term - useful for assets that hold their value.