Buy vs Lease Equipment Calculator – Excel Template

Compare buying equipment with a loan against leasing it, in total cash and present-value terms, with a cost chart.

• Automatic summary: Loan payment per month, Total cash cost – buy, Total cash cost – lease, Present-value cost – buy, Present-value cost – lease, Cheaper option, Saving vs the other option
• Calculated for you: Year, Cumulative cost – buy, Cumulative cost – lease
• Built-in chart that updates as you type
• Example rows and a step-by-step "How to Use" sheet

Instant download (.xlsx). Works in Excel 2010+, Excel online, Google Sheets, Numbers and LibreOffice. Works with any currency.