Updated August 18, 2025
Car Lease Payment Calculator
Calculate your monthly lease payment with precision. Input MSRP, cap cost, residual value, and money factor to get accurate lease estimates.
Vehicle Information
Enter the vehicle's pricing and lease terms
Financial Terms
Interest rate and additional costs
Using Money Factor
Equivalent APR: 3.00%
Your Lease Payment
Monthly payment breakdown and totals
Monthly Payment
$428.89
Payment Breakdown
Depreciation$333.33
Finance Charge$67.50
Sales Tax$28.06
Lease Summary
Residual Value$21,000.00
Total Lease Payments$15,440.10
Total Upfront$2,595.00
Total Cost$18,035.10
💡 Lease Tips
- • Higher residual values = lower payments
- • Negotiate the cap cost, not the payment
- • Consider minimal down payment
- • Factor in mileage and wear charges
Understanding Car Lease Payments
Car lease payments are calculated using three main components: depreciation, finance charges, and taxes. Understanding these components helps you negotiate better lease terms.
Depreciation
The vehicle's value loss over the lease term
Finance Charge
Interest based on money factor and vehicle value
Taxes & Fees
Sales tax and acquisition fees