Auto Lease Calculator

Calculate your monthly car lease payment and total lease cost.

%
mo
Divide APR by 2400 to get money factor
%
Monthly Lease Payment

0

36 months • 0% APR equivalent

Total Cost

0

Depreciation

0/mo

Rent Charge

0/mo

Residual

0

Lease Breakdown

Capitalized Cost
Residual Value
Monthly Depreciation
Monthly Rent Charge
Total Monthly (incl. tax)
Documentation

Understanding Auto Leases

A lease payment has two main parts: depreciation (the car's value loss) and rent charge (the finance cost). The residual value is what the car will be worth at lease end.

💡 Pro Tip

Negotiate the sale price, not the monthly payment. A lower cap cost means a lower payment. Also look for manufacturer lease specials with low money factors.

The Formula

Depreciation = (Cap Cost - Residual) / Term

Rent Charge = (Cap Cost + Residual) × MF

Payment = Depreciation + Rent Charge + Tax

Last Updated: February 2026 • Actual lease terms may vary by dealer and creditworthiness.

Coursera AI Professional CertificateSponsored
How to Use

About the Auto Lease Calculator

What it calculates

This auto lease calculator helps you model financial decisions with accurate formulas and clear outputs. Calculate monthly lease payments and total cost.

When to use it

Use when comparing loan terms, investment returns, taxes, or savings scenarios before making money decisions.

Example

Adjust the inputs above to model your specific scenario with the Auto Lease Calculator.

Explore More

Related Calculators