Lease Calculator

Lease Details

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Monthly Payment
Depreciation Charge
Finance Charge
Total Lease Cost

How Lease Payments Work

A lease payment covers depreciation (the asset value you use during the term) plus a finance charge based on the capitalized cost and residual value.

Depreciation = (Cap Cost − Residual) ÷ Term  ·  Finance = (Cap Cost + Residual) × Money Factor

Money factor converts from APR: Money Factor ≈ APR ÷ 2400.

Disclaimer. This calculator is for informational purposes only and is not professional financial advice. Actual leases may include acquisition fees, taxes, mileage limits, and end-of-lease charges not modeled here.