Fitness Budget Lease
The calculator will assist in outlining new equipment costs by estimating monthly payments as the demands of your facility change year to year. The Fitness Budget Lease is designed to upgrade strength equipment every five years and cardio equipment in phases each year. Each lease supplement is designed to run parallel with a like term warranty.
			Total Equipment Cost
			Total Payments
Year 1 - Agreement A1 (Strength Equip.)
Equipment Cost			Year 1: Enter dollar amount for strength equipment.
Payment
Term	60
Year 1 - Supplement B1 (Cardio)
Equipment Cost			Year 1: Enter dollar amount for Supplement B1
Payment			of cardio equipment.
Term	36
Year 2 - Supplement C1 (Cardio)
Equipment Cost			Year 2: Enter dollar amount for Supplement C1
Payment			of cardio equipment.
Term	36
Year 3 - Supplement D1 (Cardio)
Equipment Cost			Year 3: Enter dollar amount for Supplement D1
Payment			of cardio equipment.
Term	36
Year 4 - Supplement B2 (Cardio)
Equipment Cost			Year 4: Enter dollar amount for Supplement B2
Payment			of cardio equipment.
Term	36		(Upgrade of Supplement B1)
Year 5 - Supplement C2 (Cardio)
Equipment Cost			Year 5: Enter dollar amount for Supplement C2
Payment			of cardio equipment.
Term	36		(Upgrade of Supplement C1)
Year 6 - Supplement A2 (Strength Equip.)
Equipment Cost			Year 6: Enter dollar amount for Supplement A2
Payment			of strength equipment.
Term	60		(Upgrade of Agreement A1)
Year 6 - Supplement D2 (Cardio)
Equipment Cost			Year 6: Enter dollar amount for Supplement D2
Payment			of cardio equipment.
Term	36		(Upgrade of Supplement D1)