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Lease and Loan Payment Calculators

The Lease & Loan Payment Calculators included in the Web Machinist program (bottom), Lease and Loan Payments can be calculated by the Number of Months of the Lease or Loan and by the Desired Payment Amount too. In the example above, the Lease / Loan Payment calculation was calculated for the Number of Payments. The Amortization Schedule that was generated lists the Payment Number, Payment Amount, Portion of the Payment applied to the Principal, the Portion of the Payment applied to Interest and a Running Balance.

Above is the Dialog for the Calculate Lease / Loan by Number of Payments Input Dialog. Simply input the Lease / Loan Amount, Interest Rate and the number of Monthly Payments.

Above, at the bottom of the Amortization Schedule, the Payments Total Paid, Principal Paid Total and the Interest Paid Total are Displayed. The Input Dialog for the Calculate by Number of Payments is shown below:

Above is an example of the Desired Payment Amount Calculator. In the example above, the Lease / Loan Payment calculation was calculated for the Desired Payment Amount. The Amortization Schedule that was generated lists the Payment Number, Payment Amount, Portion of the Payment applied to the Principal, the Portion of the Payment applied to Interest and a Running Balance.

Above, at the bottom of the Amortization Schedule, the Payments Total Paid, Principal Paid Total and the Interest Paid Total are Displayed. The Input Dialog for the Calculate by Desired Payment Amount is shown below:

Above is the Dialog for the Calculate Lease / Loan Desired Payment Amount Input Dialog. Simply input the Lease / Loan Amount, Interest Rate and the Desired Payment Amount.

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