Loan or lease

Compare the real cost of both ways of financing.

How it works

With a lease you pay to use the asset and at the end you can buy it for the residual value. With a loan the asset is yours from the start.

The agreed price to keep the asset when the lease ends, usually a percentage of the original value.

Loans and mortgages — Monthly payment, interest and amortization schedule. Part-fixed mortgages too.
Compound interest — How your money grows with regular contributions and reinvested interest.
Currency converter — Euros, dollars, pounds and 30+ currencies at the official ECB rate.
Gold and precious metals — Value of your gold, silver, platinum or palladium jewellery, coins or bars by weight and purity.
Loan comparison — Compare two loan offers and see which one is cheaper.
Mortgage overpayment — How much you save by paying off early: lower payment or shorter term.
Fixed-term deposits — Interest and APY by term or by exact days, with tax withholding.
Investment return — Year-by-year projection after inflation and tax.
Inflation and purchasing power — How much your money loses to inflation over the years.
Financial independence (FIRE) — When you could live off your investments with the 4% rule.
Emergency fund — How many months until you reach your savings cushion.
Debt payoff planner — Avalanche or snowball method to get out of debt sooner.