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Financial calculator

Lease Calculator

Estimate a generic lease payment and separate depreciation, finance and fee components.

This generic lease estimate uses the standard depreciation plus finance charge structure. It is not specific to any jurisdiction or asset class.

Method

Monthly lease payment is depreciation charge plus finance charge, then tax and entered monthly fees. Finance charge is capitalized cost plus residual value multiplied by money factor.

Example

With a $30,000 capitalized cost, $18,000 residual value, 36-month term and 0.002 money factor, depreciation is $333.33 per month and finance charge is $96.00 before fees and tax.

Common mistakes

Money factor is not the same as APR. A rough APR estimate is money factor x 2400, so 0.002 is about 4.8% APR before lease-specific details.

Limitations

This is a generic estimate. Real leases can include deposits, insurance, maintenance obligations, buyout options, acquisition fees, taxes and end-of-lease charges.

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.