Car Lease Monthly Payment Calculator
Enter the vehicle price, residual value, money factor, and lease term to instantly calculate your monthly car lease payment.
Use the Car Lease Monthly Payment Calculator
Lease Details
$
$
$
$
$
Typical range: 0.0008 – 0.0030 | APR = MF × 2400
months
%
Enter lease details on the left and click Calculate.
Estimated Monthly Payment
$0.00
includes tax
Depreciation Fee
$0.00
per month
Finance Charge
$0.00
per month
Monthly Tax
$0.00
0%
Lease Summary
| Vehicle Price | — |
| Down Payment + Trade-In | — |
| Fees Rolled In | — |
| Adjusted Cap Cost | — |
| Residual Value | — |
| Total Depreciation | — |
| Money Factor | — |
| Equivalent APR | — |
| Lease Term | — |
| Total of Monthly Payments | — |
| Total Cost of Lease | — |
| Monthly Payment (with tax) | — |
Summary
Enter the vehicle price, residual value, money factor, and lease term to instantly calculate your monthly car lease payment.
How it works
- Enter the vehicle's MSRP (sticker price) or negotiated selling price.
- Enter the down payment, trade-in value, and any fees rolled into the lease.
- Enter the residual value (the car's estimated worth at lease end) as a dollar amount or percentage of MSRP.
- Enter the money factor provided by the dealer (divide APR by 2400 to convert).
- Set the lease term in months and your local sales tax rate.
- Click Calculate to see your monthly payment broken down into depreciation fee and finance charge.
Use cases
- Comparing lease quotes from multiple dealerships side by side.
- Verifying a dealer's quoted monthly payment before signing.
- Finding the break-even between leasing and buying a vehicle.
- Estimating how a larger down payment affects your monthly lease cost.
- Checking how changes in residual value affect the payment.
- Understanding the impact of the money factor (interest rate) on total lease cost.
Frequently Asked Questions
Last updated: 2026-09-22 ·
Reviewed by Nham Vu