Finance

Lease Payment Calculator

Calculate monthly lease payments using MSRP, residual value, and money factor.

Vehicle/Asset Price ($)

Down Payment ($)

Residual Value (%)

% of MSRP at lease end

Lease Term (months)

Money Factor

APR ÷ 2400 (e.g., 6% = 0.0025)

Sales Tax (%)

Formulas:
Depreciation = (Net Cap Cost − Residual) / Term
Finance Charge = (Net Cap Cost + Residual) × Money Factor
Monthly = Depreciation + Finance + Tax
APR = Money Factor × 2400