Financial
Lease Calculator
Auto lease monthly payment from cap cost, residual, money factor, and tax.
Inputs
Lease Calculator
Result
Monthly payment (with tax)
$548.45
- Monthly (before tax)
- $512.57
- Depreciation portion
- $381.94
- Finance charge
- $130.63
- Residual value
- $19,250.00
- Equivalent APR
- 6.00%
- Total lease cost
- $21,744.18
How it's calculated
Payment = (cap−residual)/term + (cap+residual)·MF; APR ≈ MF × 2400
Common questions
What is a money factor?
The lease equivalent of an interest rate. Multiply by 2400 to get an approximate APR.
Should I put money down on a lease?
Usually no. If the car is totaled early, the cap-cost reduction is not refunded. Roll it into monthly payments instead.
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