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Financial calculator

Auto Lease Calculator

Estimate a vehicle lease payment from capitalized cost, residual value, money factor, taxes, fees and mileage assumptions.

Money factor roughly converts to APR by multiplying by 2400. Real leases can include acquisition, disposition, registration and dealer-specific charges.

Method

Lease payment is estimated as depreciation charge plus finance charge plus tax and monthly fees. Depreciation is adjusted capitalized cost minus residual value, divided by lease months.

Example

If adjusted capitalized cost is $34,000, residual value is $22,000 and the lease term is 36 months, depreciation is $333.33 per month before finance charge, tax and fees.

Common mistakes

Do not compare lease payment without checking mileage allowance, due-at-signing amount, disposition fee and purchase option.

Limitations

This is not a lease quote. It excludes acquisition fees, disposition fees, registration, insurance, wear charges, rebates, trade-in rules and dealer-specific taxes unless entered manually.

References

Last reviewed: 2026-05-16

Before relying on this result

Use this calculator together with the formula, assumptions, limitations and examples on the page. If the topic involves health, tax, lending, investment, legal, safety or current-rate decisions, treat the number as an estimate and check the relevant primary source or professional guidance.

Calculator metadata last reviewed: 2026-05-14.