Calculyn

Car Lease Calculator

Estimate your monthly car lease payment from price, residual value and money factor.

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months

Results update as you type.

Monthly lease payment

$486.03
Depreciation per month
$352.78
Finance charge per month
$133.25
Residual value
$20,300
Total lease cost
$19,497
Equivalent APR
6%
  • Depreciation65%
  • Finance charges25%
  • Down payment10%
Monthly lease payment$486.03

Results are estimates for planning and are not financial advice.

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Quick answer

$35,000 car, $2,000 down, 58% residual, 36 months, 0.0025 money factor → about $439 per month.

How it works

A lease payment covers the car's expected loss in value over the term plus a finance charge set by the money factor. Taxes and fees are not included.

Formula

Payment = (Cap cost − Residual) ÷ Term + (Cap cost + Residual) × Money factor

Assumptions & limitations

  • Taxes, acquisition and disposition fees not included
  • Residual set as a percent of the negotiated price

Formula and assumptions reviewed October 2026 by the Calculyn team. How we build our calculators

Frequently asked questions

What is a money factor?

It's the lease interest rate in another form. Multiply by 2,400 to get an approximate APR.

Is sales tax included?

No. Most states tax each monthly payment, so add your local rate.