Phone Upgrade Calculator Calculate
Official formula explained

Apple Upgrade Buyout Calculator

The purchase option is not a guessed percentage. It starts with the list price recorded when you signed and subtracts specific amounts credited by your lease.

Interactive tool

Calculate the quoted purchase option.

Replace every example with the list price, credited payments, remaining credits, tax and assessed fees from your disclosure.

Return-at-end total$0.00 View all results
Official-formula mode. Use figures from Apple checkout and your Klarna schedule. No MSRP estimate.

Apple Upgrade buyout inputs

$
Example only: enter your exact Apple quote.
$
Use the amount in your payment schedule, if shown.
$
AppleCare is separate and not included in the lease.
$
Do not repeat a payment already counted below.
$
Enter the sum of all initial-term installments, including applicable lease tax. This overrides the equal-payment estimate.
Purchase option now
$
Use the price recorded when the lease began.
$
Use Klarna's credited lease-payment figure, not AppleCare.
$
$
Use only the unused credit Klarna shows.
$
Tax treatment varies; use the official amount.
$
Enter only after an official assessment.
Early return or early upgrade
Used only when an official remaining total is blank.
$
Sum the unpaid installments, including applicable tax, from your schedule.
Cash-purchase comparison
$
Compare the exact same configuration.
$
Use the Apple checkout estimate for your location.

The public purchase-option formula

Apple explains the calculation as the list price at lease signing, less lease payments already made, any down payment, and remaining discounts or trade-in credits. Applicable tax and an assessed damage fee can be added separately.

New Apple Upgrade leases normally do not allow a voluntary down payment, so that input is generally zero. It remains part of the general formula because your individual agreement controls.

  • Pre-tax purchase option = signing list price − credited lease payments − down payment − unused credits
  • Amount due = pre-tax purchase option + applicable purchase tax + assessed damage fee
  • Total cost to own = all outlay already paid + amount due

Why the monthly payment is not enough

A low monthly lease payment can be paired with a larger purchase option. Without that purchase amount, a lease-to-own comparison is incomplete. Do not assume the purchase option is a standard residual percentage; Apple has not published one universal rate.

Inputs you should copy from your agreement

If Klarna provides a final purchase quote, that quote controls. Use the calculator as an audit trail: each number remains visible so you can understand the total.

  • Original list price for the exact storage and configuration
  • Lease payments Klarna credits toward the purchase option
  • Unused trade-in or promotional credit
  • Purchase-option tax shown for your location
  • Any condition or service fee after assessment
Next step