Based on research and not influenced
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Progressive Leasing Calculator to Estimate Payments

The Progressive Leasing calculator will estimate the total payment costs to give you an idea before you continue with a contract.

With many offline merchants and online stores accepting Progressive Leasing, there are a few lease service providers with such a wide coverage.

While it is popular for being a buy now pay later with no hard credit check required before you can access its financing, understanding the terms and costs involved with the contract could help you avoid paying more than expected.

Progressive Leasing

Progressive Leasing

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Tip: If you have not used Progressive Leasing for financing yet, it is primarily a lease-to-own payment service available at POS channels and checkout gateways allowing you to purchase items and spread payments for up to 12 months. If you see through the entire lease contract, you will pay more than double the price of the product but there is a lifeline with its 90-day early purchase option that will let you avoid paying interest (or not much depending on your state).


If you have seen a Rent-A-Center building or that of Aaron’s or any of those popular brands providing lease-to-own for furniture, appliances, electronics, and related products at their physical locations then, take Progressive Leasing as one of them but with no building.

It is a payment tool that allows merchants to provide lease-to-own options to their customers, especially those who may be ineligible for prime financing due to their poor credit scores.


Read more about Progressive Leasing

You can handle the application yourself online or through a support staff when using it at a physical location that accepts it as a means of payment.

When your application is being prepared, you will be presented with a contract with very important information detailing the cost if you continue with the process. 

Usually, the total cost of the lease is very high, doubling the price of the product for its 12-month length but there is a 90-day early payoff which allows you to buy out the contract and save more than 100% on rental costs.

Progressive Leasing Calculator


You can use the calculator below to estimate the cost of using Progressive Leasing for financing.

Instructions on how this works are given underneath the form in case you need to understand the terms.

Note: this Progressive Leasing calculator is only an estimator. While we try to ensure it tallies with what you should expect, the final costs could differ at the provider’s end.

Our testing compared with a sample on the Progressive Leasing website

Below is an image captured from the sample lease breakdown given on the Progressive Leasing website. 

When compared with the result obtained with the calculator, both tallies.

Default Progressive Leasing Calculator Estimate

You Can Use Progressive On

Sam Ash

Sam Ash is a renowned music store offering a wide range of musical instruments, audio equipment, and accessories. With a commitment to serving musicians, it provides quality products and expert advice.

Best Buy

Best Buy is a leading electronics retailer, providing a diverse selection of consumer electronics, appliances, and technology products. Known for its wide range and expert service, it caters to various tech needs.

Musician’s Friend

Musician’s Friend is a trusted online music store offering a vast selection of musical instruments, gear, and accessories. Known for competitive prices and excellent customer service, it caters to musicians of all levels.

Guitar Center

Guitar Center is a prominent music retailer specializing in guitars, amplifiers, and musical instruments. With a vast selection, support, and various services, it is a go-to destination for musicians.

Cricket Wireless

Cricket Wireless offers a range of devices, including smartphones and feature phones, providing affordable and reliable options. With various brands and models, Cricket Wireless devices cater to diverse communication and connectivity needs.

How the Progressive Leasing Calculator Works


The above Progressive Leasing estimator is divided into two parts:

Data Collection

This part is where you are to enter the details regarding your purchases:

  • Cash Price: you should enter the price of the product in this field. There is a minimum of $150 and a maximum of $4,000 in value allowed as entry to tally with Progressive Leasing’s requirement
  • Tax: depending on your location based on the address you will provide to Progressive Leasing, a sales tax will be added to your lease contract. This varies and it will be added to your periodic repayment. You can set it between 1 – 5 to have an estimate
  • Other fees: you may or may not be charged other fees but if there is one added to your contract, you simply need to enter that. Progressive Leasing does not usually charge a processing fee and you may leave the field blank
  • The period field is simply the total length of the lease up to a maximum of 12 months


The Estimator:

This part simply calculates an estimate of the cost based on your entry in part one:

  • 90-Day Early Purchase (CA): if you live in CA (depending on your address), Progressive Leasing offers same-as-cash benefits for the first 90 days if you can pay off your lease. This means that you will pay exactly the price as stated by the merchant with no extra using this option within the first three months
  • 90-Day (Non-CA): if your address is outside of California, you are ineligible for the same-as-cash benefit. However, you still enjoy far less cost if you use the option instead of seeing through the contract for 12 months
  • Early Purchase: this option is if your lease extends beyond 90 days. Depending on the period of your lease, the value will vary and it increases the more you delay the buyout. If you use this, the item will become yours, and you will stop paying further
  • Cost Of Lease: this is the cost of you holding onto the product for 12 months (you can look at it as the amount you will pay to rent it)
  • Monthly Payment: this is the amount you are expected to pay every month until the end of the 12 months
  • Cost Of Ownership (12-Month): this value shows how much you are expected to pay in total through the contract before the item becomes yours (note, this data on the Progressive Leasing calculator result is not needed if you use any of the early purchase options)


The Nitty-gritty of Progressive Leasing


To understand this Progressive Leasing calculator better, knowing how its service works is important, from purchase point down to repayments.

Study the image below to have a pictorial view of what happens when you utilize Progressive Leasing. While this depicts the buy now pay later in-store experience, the flow is similar when you are making payments online.

Progressive Leasing Calculator Flow

In the above image, there are four actors including:

  • Store: of course, required as this is where the whole process starts
  • You: when you visit a store for shopping, this payment option is usually presented to you and you can either accept it or continue to use it for product financing
  • Store Attendant: usually in a store, there is someone assigned to process financing requests and you will relate with that staff to handle yours
  • Progressive: your financing option

Here is how this will work when you finally accept to use Progressive Leasing to checkout:

  1. The attendant will take your records including the price of the product you want to buy, social security number, address, contact number, and some other details through a tablet or PC
  2. These details are then submitted to Progressive Leasing to determine your eligibility. Note that to validate some details, an OTP will be sent to your cell phone hence, keep it active
  3. If your request is accepted, you will be presented with a cost summary, there is usually a default Progressive Leasing calculator which will show a breakdown of how much it will cost you to continue with the lease-to-own option
  4. If you are fine with the summary shown by the default Progressive Leasing calculator, the store attendant will then continue the process
  5. Your payment details are required which will be connected to charge the initial payment. The amount will vary but at most stores, it is $59
  6. Once the first payment is successful, your lease has started and you can get the product


There is one interesting thing about this:

  • While you will be given the item, it is not yours but that of Progressive Leasing
  • What happened is that the product was sold to Progressive Leasing and it has been rented out to you
  • In a case of default, they have the right to repossess their property from you
  • However, they offer the 90-day early payoff to enable you to own it as early as possible so you do not have to pay so much on rental costs.
  • You probably understand the Cost of Lease given in the Progressive Leasing calculator now. That is the amount you pay for keeping their property
  • To get the final cost of the product ownership, the Cash Price (original item’s price) is added to the Cost of the Lease which will then be what you need to pay for it to become yours if you see through the contract up to 12 months

This option is usually expensive due to the rental fees hence, only use it as an alternative if you are not lucky to get financing through other buy now pay later options.

However, there is the early purchase and you should utilize that in order not to end up paying so much if you eventually go with using Progressive Leasing for your purchases.


Suggested Alternatives to Try


After using the Progressive Leasing calculator and you are not sure you can repay within the early 90 days purchase period, you can try the below for financing:

They can be used online and through digital wallets, you can use them when you visit a physical retail outlet.


PayPal Pay in 4


PayPal has two financing methods that you can use for financing, including the PayPal Credit and the Pay-in-4 option.

While you can use them to buy now and pay later on PayPal stores, there is also a virtual card you can generate and connect to digital wallets for use in-store.

The PayPal Credit also comes with interest-free financing for up to four months which is a good option instead of the high cost of lease as shown by the Progressive Leasing calculator.

PayPal is Accepted By


Abunda stands out as a payment plan shopping platform with a distinctive approach, consolidating products from Amazon. It allows users to utilize financing methods not accepted by Amazon, providing a unique shopping experience.


TicketNetwork is a comprehensive online marketplace for event tickets. It connects buyers and sellers, offering a diverse range of tickets for concerts, sports, and theater events, facilitating secure transactions for various live experiences.


Temu is an innovative discount shopping site that excels in providing affordable products across diverse categories like electronics, clothing, jewelry, and more, offering users a budget-friendly and convenient online shopping experience.


Etsy is an online marketplace focused on handmade, vintage, and unique goods. It connects independent sellers with buyers globally, offering a diverse array of items, from crafts and art to vintage collectibles.

Brilliant Earth

Brilliant Earth is a jewelry retailer specializing in ethically sourced and environmentally responsible diamonds and gemstones. They offer engagement rings, wedding bands, and fine jewelry with a commitment to sustainability and transparency.




Affirm is one of the popular spread payment providers that can grant you up to $20,000 to buy products on a payment plan both online and through its virtual card for offline use.

The financing can extend up to a period of 36 months with its APR between 0 – 36% which is better when you consider the cost of ownership after using the Progressive Leasing calculator.

Affirm is Accepted By


Amazon is an e-commerce platform connecting buyers and sellers globally. Offering a vast range of products, it facilitates transactions, providing a convenient and robust platform for online shopping.


TicketNetwork is an online marketplace for event tickets, connecting buyers and sellers. It offers a wide range of tickets for concerts, sports, and theater events, providing a platform for secure transactions.


MegaSeats is an online ticket marketplace, offering a variety of tickets for concerts, sports, and theater events. Users can purchase and sell tickets, providing a platform for secure and convenient transactions.


Walmart is a multinational retail corporation, one of the world’s largest. It operates hypermarkets, discount department stores, and grocery stores globally, providing a diverse range of products, from groceries to electronics.


Temu is a discount shopping site known for its cheap product offerings in varying categories including electronics, clothing, jewelry, and others.




Sezzle is another good buy now pay later service you can use to spread the cost of your purchases when shopping online as well as at retail outlets.

It also offers a virtual card that you can utilize and up to $1,500 in purchasing credits.

Sezzle is Accepted By


Byte Aligners are clear aligners used for orthodontic treatment, aiming to straighten teeth and improve bite. A discreet alternative to traditional braces, Byte Aligners are custom-fit and designed for at-home use.

Bayam Jewelry

Bayam Jewelry offers a wide selection of jewelry, including rings, necklaces, earrings, and watches.


Galls is a retailer specializing in public safety equipment and apparel. Serving law enforcement, military, and other public safety professionals, Galls offers uniforms, gear, and accessories through its online and catalog services.

Pure Hockey

Pure Hockey is a retailer specializing in hockey equipment and apparel. Offering a wide range of products for players of all levels, it provides gear, sticks, skates, and accessories for ice and roller hockey.

Apparel Candy

Apparel Candy is a wholesale fashion distributor offering a diverse range of clothing and accessories. Catering to retailers and businesses, it provides bulk quantities of trendy and affordable apparel for various market segments.




With many online stores accepting Klarna, there is no doubt this is one of the best options if you are not convinced after using the Progressive Leasing calculator to estimate the cost of using its (Prog. L) services.

It also has a virtual card, browser extension, and in-app, among others you can use to enjoy its buy now pay later solution.

Klarna is Accepted By


Abunda is a payment plan shopping site known for its unique model of aggregating products from the Amazon marketplace which you can pay with financing methods not accepted by Amazon.


Temu stands out as a budget-friendly online marketplace, renowned for its cost-effective products spanning diverse categories such as electronics, apparel, jewelry, and more.


Instacart is an on-demand grocery delivery and pick-up service. Customers can order groceries and household items online, and Instacart shoppers fulfill the orders and deliver them to the customer’s doorstep.


StubHub is an online ticket marketplace, facilitating the buying and selling of tickets for concerts, sports, theater, and other live events. It connects buyers and sellers, providing a platform for secure transactions.


Groupon is a platform offering discounted deals and coupons for various products and services, including dining, travel, and entertainment. Users can purchase vouchers to redeem discounts at local businesses or online retailers.




Zip is another great option to try if you prefer to pause the lease decision after using the Progressive Leasing calculator for estimation.

Aside from providing several methods to enable you to spread payments, you can also enjoy interest-free financing through its Zip Money for up to at least three months.

Zip is Accepted By

Best Buy

Best Buy is a multinational retailer specializing in consumer electronics, appliances, and services. It offers a wide range of products, including computers, smartphones, home appliances, and entertainment systems, both in-store and online.


Shein is a global online fast-fashion retailer. Known for trendy and affordable clothing, accessories, and footwear, Shein caters to a youthful demographic, offering a vast array of styles and fashion-forward items.

Fashion Nova

Fashion Nova is a popular online fashion retailer known for trendy and affordable clothing. Catering to women and men, it offers a wide range of styles, including dresses, jeans, activewear, and accessories.


Newegg is an online retailer specializing in electronics, computers, and accessories. It offers a vast selection of tech products, including components, laptops, and peripherals, catering to both individual consumers and businesses.

Bailey’s Fine Jewelry

Bailey’s Fine Jewelry is a luxury jewelry retailer known for its exquisite collections and personalized service. Offering a curated selection of fine jewelry, watches, and engagement rings, it emphasizes quality craftsmanship.


Before you opt for the lease contract, knowing the estimate using the Progressive Leasing calculator will help you know beforehand the costs involved which will aid your decision as to whether to continue or consider an alternative.

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