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Auto Lease Payment Calculator

Monthly lease payment from price and money factor.

Details

Results

Monthly lease payment
Depreciation portion
Finance (rent) portion
Equivalent APR

Estimates only. Confirm exact terms with your lender or dealer.

How it works

A lease payment is depreciation ((cap cost − residual) ÷ term) plus a finance charge ((cap cost + residual) × money factor), then sales tax. Money factor × 2400 ≈ the APR.

Money factor × 2400 = APR. Use it to sanity-check the lease rate.

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Good to know

FAQs

What's the money factor?

The lease's interest rate in a special form (× 2400 ≈ APR).

What's cap cost?

Negotiated price minus your down payment.

What's residual?

The car's value at lease end, set by the leasing company.

Financial advice?

No — an estimate.