Car Lease Payment Calculator
Works out a car lease payment and splits it into depreciation and finance.
Monthly payment
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Share sends a link that reopens these numbers. Copy details pastes the full breakdown as a list.
Depreciation part —
Finance part —
Residual value —
Total over the lease —
Reading this —
The formula
payment = (cap − residual) ÷ months + (cap + residual) × money factor
You pay for the value the car loses during the lease, plus a finance charge on the money tied up in it.
What to watch out for
Mileage limits, fees and end-of-lease charges are extra. A high residual lowers the payment.
Frequently Asked Questions
What is a money factor?
The lease equivalent of an interest rate. Multiply it by 2,400 for the approximate APR, so 0.0025 is about 6%.