Car Lease Payment Calculator

About this calculator

This calculator estimates a monthly lease payment using the standard leasing formula: it splits the payment into a depreciation fee (the car's price minus its residual value, spread over the lease term) and a rent charge (roughly equivalent to interest, calculated from the lease's "money factor"), then adds them together — a structure that's different from a car loan, where you pay off the entire vehicle price rather than just the value it loses.

Car shoppers comparing a lease offer against buying with a loan, and anyone trying to verify a dealer's quoted monthly payment before signing, use this to see how the residual value percentage (what the car is predicted to be worth at lease-end) and the term length each move the monthly number — a higher residual value or shorter term both lower the payment.