IFRS 16 Lease Calculator
Calculate lease liability, right-of-use asset, and generate a complete amortisation schedule instantly. Free, no sign-up required.
Lease Calculation Inputs
Enter your lease details below to calculate the initial recognition amounts
Results are for educational purposes. This is a simplified calculator that assumes equal payments, a single discount rate, and evenly spaced payment periods with no mid-period commencement. It does not handle escalations, variable payments, or restoration obligations. For leases with these features, dedicated lease accounting software will produce more accurate results.
Calculation Results
Lease Liability Amortisation Schedule
| Period | Opening Balance | Interest Expense | Payment | Principal | Closing Balance |
|---|
Download as Excel
Get the full calculation including ROU asset depreciation schedule, journal entries, and amortisation table in a single spreadsheet.
How the Calculation Works
Identify Lease Payments
Include fixed payments, in-substance fixed payments, and amounts expected to be payable under residual value guarantees.
Determine Discount Rate
Use the interest rate implicit in the lease if determinable. Otherwise, use the lessee's incremental borrowing rate.
Calculate Present Value
Discount each future lease payment to present value. The sum of these present values equals the initial lease liability.
Measure ROU Asset
Start with the lease liability, add initial direct costs and prepaid payments, then deduct any lease incentives received.
Need More Complex Calculations?
Rubli handles lease modifications, foreign currency, variable payments, and generates audit-ready reports automatically.