Auto lease · payment estimate
Auto lease · payment estimate: use adjusted capitalized cost, residual value, lease term. Review the formula, worked example and calculation steps.
Inputs
Use the units shown—
Enter your values and select Calculate.
Formula & explanation
Payment = [(capital−residual)/months + (capital+residual)×money factor] × (1+tax/100)
Variables & units
- Adjusted capitalized cost
- currency · minimum 0, maximum 1000000000000
- Residual value
- currency · minimum 0, maximum 1000000000000
- Lease term
- Numeric value · minimum 1, maximum 120
- Monthly money factor
- factor · minimum 0, maximum 0.1
- Tax on monthly payment
- % · minimum 0, maximum 100
Worked example
30,000 capital, 18,000 residual, 36 months and 0.002 money factor gives 429.333333 before tax.
Assumptions
Use the monthly money factor, not an APR percentage. Excludes upfront charges and differing regional lease-tax rules.
Formula version 1.0.0. JavaScript floating-point arithmetic applies. Results display up to 6 decimal places; stored values retain available precision. Use the units shown.
Practice with an example
Use the default input values to find the answer. The reset icon restores those values.
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