What is Lease Calculator?
Lease Calculator helps you to calculate the cost of a lease amount. It will assist you to compute the monthly amount of lease amount payable and the total amount of interest paid.
What is a Lease?
A Lease is nothing but a contract between two parties. When two parties sign a lease agreement, it means one party agrees to pay a certain amount of rent for the period of the lease. So, the lease is a legal document where both parties are bound to honor the contract.
Breach of contracts invites legal trouble for both the parties as per the contract condition. The tenant is called a lessee and the landlord is called a lessor.
Disclaimer: Every effort has been made to provide accurate calculations while using the calculator on this website. However, no guarantee is made to accuracy and the author or publisher specifically disclaims any and all liability arising from the use of this or any other calculator on this website. Use at your own risk and verify all results with an appropriate financial professional before taking action. Read the disclaimer here