Enter your numbers
Adjust any field and recalculate — figures are pre-filled with a typical example.
Results will appear here.
How it works
Formula & explanation
Auto Lease Calculator uses the following calculation:
Payment = (CapCost−Residual)/Term + (CapCost+Residual)×MoneyFactor
This is a simplified model intended for planning and education. Real-world offers from lenders, institutions, or tax authorities may include additional fees, rules, or adjustments not reflected here.
FAQ
Frequently asked questions
What is a money factor?
It's the lease equivalent of an interest rate; multiply it by 2400 to get an approximate annual percentage rate.
What is residual value?
The vehicle's estimated worth at lease-end, set by the leasing company — a higher residual generally means a lower payment.
Does this include sales tax?
No — this estimate is before tax, which is typically added on top of the depreciation and finance fee depending on your state.
Related