Automotive

Auto Lease Calculator

Estimate a vehicle lease payment from capitalized cost, residual value, money factor, term and sales tax.

Free online toolWorks in your browserNo sign-up required
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How to use this auto lease calculator

Enter the requested values above and select Calculate. Change any input to compare scenarios.

Formula and method

Base lease payment = monthly depreciation + monthly finance charge. Depreciation = (adjusted cap cost − residual value) ÷ term. Finance charge = (adjusted cap cost + residual value) × money factor.

Example

Enter the negotiated price, down payment, residual percentage, money factor and lease term to estimate the monthly lease payment.

Important assumptions

Dealer fees, acquisition fees, registration, incentives, taxes and lease-specific rules vary. Verify the official lease worksheet before signing.

Frequently asked questions

What does the Auto Lease Calculator calculate?

Estimate a vehicle lease payment from capitalized cost, residual value, money factor, term and sales tax.

How does the calculation work?

Base lease payment = monthly depreciation + monthly finance charge. Depreciation = (adjusted cap cost − residual value) ÷ term. Finance charge = (adjusted cap cost + residual value) × money factor.

Is this calculator free?

Yes. ERICH Calculators is free to use and no account is required.

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Method, assumptions & corrections

See how formulas, sources and limitations are handled across ERICH Calculators.