Lease Calculator
Car Lease Payment
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Formula
Monthly = (Cap-Residual)/months + (Cap+Residual)×MF
Frequently Asked Questions
How is a lease payment calculated?
Monthly lease payment = Depreciation + Finance Charge. Depreciation = (Cap Cost - Residual) / months. Finance Charge = (Cap Cost + Residual) × Money Factor. Money Factor × 2400 = approximate APR.
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