Calculate a monthly lease payment from the money factor.
A lease payment has two parts: the depreciation on the car plus a rent charge the money factor on the average of capitalized cost and residual. The money factor quietly sets the effective interest, so comparing it between dealers matters as much as the monthly number itself.
Lease Payment
Payment = depreciation share + (cap + residual) x money factor
Payment = depreciation share + (cap + residual) x money factor A lease payment has two parts: the depreciation on the car plus a rent charge the money factor on the average of capitalized cost and residual.
The money factor quietly sets the effective interest, so comparing it between dealers matters as much as the monthly number itself.
This calculator takes 7 inputs: MSRP, Negotiated price, Residual percentage, Lease term, Money factor, Down payment, Sales tax. The pre-filled defaults are a realistic starting point — replace them with figures from your own environment for a result you can act on.