Car Lease Calculator

APR / 2400 = Money Factor. E.g., 3% APR = 0.00125
Monthly Payment
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Total Lease Cost
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Total Interest (Rent Charge)
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Depreciation Fee (per month)-
Finance Fee (per month)-
Sales Tax (per month)-
Down Payment-
Equivalent APR-

About Car Lease Calculator

How Car Lease Payments are Calculated

Enter the vehicle price (MSRP), residual value, money factor (interest), lease term, and down payment to calculate your monthly lease payment.

Lease Payment Formula

Monthly Payment = Depreciation Fee + Finance Fee + Tax

Depreciation Fee = (Net Cap Cost - Residual Value) / Lease Term

Finance Fee = (Net Cap Cost + Residual Value) × Money Factor