Finance lease quote calculator

Use our free finance lease quote calculator can help you estimate your monthly payments, costs and tax relief.

£
.00
2 years

This calculator is intended for illustration purposes only and exact payment terms should be agreed with a lender before taking out a loan.

All figures quoted are indicative only and subject to VAT, final underwriting, admin fees, payment by Direct Debit and the lenders terms and conditions. Leasing is 100% allowable against taxable profits. The above tax relief figures assume 18% small profits rate and may demonstrate self-financing. For exact taxation benefits relevant to your business it is recommended that you seek professional financial advice from your accountant or tax advisor. A documentation fee of £195 + vat and annual service charge of £40 + vat applies. An asset protection charge maybe included if the equipment is not covered under your own policy.

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Monthly payment

£

Weekly payment

£

Daily payment

£

Total cost

£

Estimated tax relief

£

Net cost after tax relief

£

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How to calculate a finance lease

A finance lease allows businesses to use an asset while spreading the cost over time. Here’s how to calculate lease payments and tax savings:

1. Finance lease calculation

Example:

  • Asset Cost: £50,000
  • Residual Value: £10,000
  • Interest Rate: 6% per year (0.5% per month)
  • Lease Term: 60 months
  • Monthly payment: £771.60

2. Tax savings calculation

Lease payments are tax-deductible, reducing taxable profit.

Example (25% Tax Rate):

  • Monthly Tax Savings: £192.90
  • Total Savings Over 5 Years: £11,574
  • Net Cost After Tax: £34,722

This approach helps businesses manage cash flow while benefiting from tax relief.

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Swoop Finance Limited helps UK firms access business finance by working directly with businesses and their trusted advisors. We act as a credit broker, not a lender, and do not provide loans or finance products ourselves. We introduce applicants to a panel of lenders, equity funds, and grant agencies based on individual circumstances and creditworthiness.
Commission Disclosure: We typically receive a commission from the finance provider (either a fixed fee or a fixed percentage of the amount you receive) upon successful placement. Different providers pay different rates. For certain lenders, we may have influence over the interest rate, which can impact the total amount payable under your agreement.
Regulatory Information:

  • FCA: Authorised and regulated by the Financial Conduct Authority as a credit broker (FRN: 936513) and registered as an Account Information Services Provider (Ref: 833145).

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  • Company Details: Registered in England & Wales with Companies House (No. 11163382). Registered Address: The Stable Yard, Vicarage Road, Stony Stratford, Milton Keynes, MK11 1BN. VAT Number: 300080279.

Terms: All finance and quotes are subject to status, income, and terms and conditions. Applicants must be aged 18 or over. Guarantees and indemnities may be required. Please refer to our terms and conditions and our complaints procedure for further details.

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