Car Lease Calculator
Use our car lease calculator below to calculate the lease payments for a vehicle.
Estimated Monthly Payment:
$478.10
Auto Lease Summary
Amount Leased | |
---|---|
Vehicle Price: | $25,000.00 |
Down Payment: | - $0.00 |
Trade-In: | - $0.00 |
Lease Price: | $25,000.00 |
Monthly Payment | |
Depreciation: | $375.00 |
Lease Fee: | + $76.04 |
Estimated Tax: | + $27.06 |
Total Payment: | $478.10 |
This calculation is based on widely-accepted formulas for educational purposes only - this is not a recommendation for how to handle your finances, and it is not an offer to lend. Consult with a financial professional before making financial decisions.
On this page:
Money Factor Formula
money factor = interest rate / 2400
Depreciation Formula
depreciation = capitalized cost – residual value / # months
Financing Fees Formula
financing fees = (capitalized cost + residual value) × money factor
Taxes Formula
taxes = (depreciation + fees) × tax rate
Lease Payment Formula
payment = depreciation + fees + taxes