Car Lease Payment Calculator

Estimate your monthly car lease payment based on the vehicle's price, residual value, money factor, and lease term.

Inputs

Money factor × 2400 ≈ equivalent APR

Results
Monthly Lease Payment (before tax)
$485.42

Try an example

Formula

Payment = Depreciation Fee + Finance Fee = (Price−Residual)/Months + (Price+Residual)×Money Factor

Learn How This Works

How Car Lease Payments and Student Loan Payments Are Calculated

The depreciation-plus-finance-fee formula behind lease payments, and the standard amortization behind student loan payments.

Frequently Asked Questions

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