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Estimate monthly payments, the amount financed and interest on a fixed-rate car loan.
Calculators / Automotive / Auto lease
Auto lease calculator
Estimate a vehicle lease payment from depreciation and finance charges.
On this page
Estimated monthly payment542.67
Total lease payments21,536
Calculator controls
How to calculate
Estimate a vehicle lease payment from depreciation and finance charges.
Estimated monthly payment = ((price+fees-down-residual)/months)+(price+fees-down+residual)*money; Total lease payments = (((price+fees-down-residual)/months)+(price+fees-down+residual)*money)*months+down
Worked example
Negotiated vehicle price: 40000; Residual value: 24000; Lease term (months): 36; Money factor: 0.002; Capitalized fees: 1000; Capital-cost reduction: 2000.
Estimated monthly payment: 542.67 ; Total lease payments: 21,536 .
Assumptions and limits
Taxes, acquisition/disposition charges, mileage, wear, rebates and payment timing are excluded unless entered in fees.
Results are rounded for display; calculations use unrounded values. Read our calculation methodology.
Understanding the result
Estimate a vehicle lease payment from depreciation and finance charges. The displayed figures use the inputs and formula shown on this page.
When this tool is useful
Use the auto lease to compare a scenario, check an estimate, or verify a manual calculation.
Understanding your inputs
| Input | What to enter |
|---|---|
| Negotiated vehicle price | Enter a number of at least 0.000001 and no more than 1000000000000. |
| Residual value | Enter a number of at least 0 and no more than 1000000000000. |
| Lease term (months) | Enter a number of at least 1 and no more than 120. |
| Money factor | Enter a number of at least 0 and no more than 1. |
| Capitalized fees | Enter a number of at least 0 and no more than 1000000000000. |
| Capital-cost reduction | Enter a number of at least 0 and no more than 1000000000000. |
Frequently asked questions
What should I check before using the auto lease result?
Taxes, acquisition/disposition charges, mileage, wear, rebates and payment timing are excluded unless entered in fees.
Is this auto lease result exact?
It is exact for the stated mathematical model and entered values. Real-world results can differ when rates, timing, fees, definitions or measurement conditions differ.