To optimize offshore wind turbine (OWT) design, an engineering tool has been developed allowing for a detailed investigation of the effects of nonlinear soil stiffness and damping on foundation dynamics. We have studied the response of a vertically oscillating offshore wind monopile foundation in a realistic soil profile subjected to loads between 1 and 200 MN in the frequency range 0–10 Hz with pseudo-static and equivalent linear dynamic model. The non-linear soil behaviour is modelled with an equivalent linear method with shear modulus reduction and damping curves as input. The tool is verified and validated by comparison with elasto-dynamic model and experiments. With increasing load amplitudes foundation stiffness increases and damping decreases. For large load amplitudes the lower part of the pile foundation contributes more to foundation damping. The results indicate the nonlinear foundation stiffness and damping can be modelled rationally by combining stiffness and hysteretic damping from nonlinear static tools with apparent mass and radiation damping from elasto-dynamic analysis. The tool can be used to compute soil springs and dampers based on laboratory-based soil stiffness and damping.