Chart Formula Lease For Free

Lease Money Factor Unlike an APR, it's not a percentage, but you can convert it to something comparable by multiplying by 2,400. For example, if the money factor on a lease is 0.002, you would multiply it by 2,400 to get an equivalent APR of 4.8 percent.

It is calculated basically by dividing the interest rate with the number of months considered for leasing. So here it will be (0.05/60) = 0.008.

Divide the value of the property that will be used (in this example, $4,500) by the number of monthly lease payments that will be made. In the case of a three year lease you'll have 36 payments. The monthly payment (before interest) will be $125.

First, let's look at the basics - the five figures you'll need in order to calculate a monthly lease payment:Residual Value = (MSRP) x (Residual Percentage)Monthly Depreciation = (Adjusted Capitalized Cost - Residual Value) / Term.Monthly Rent Charge = (Adjusted Capitalized Cost + Residual Value) x (Money Factor)More items...

How is the lease payment calculated?Start with the sticker price (MSRP) of the car.Take the MSRP and multiply it by the residual percentage.This equals the residual value.Then take the negotiated selling price of the car.Add in the fees to get the gross capitalized cost.Subtract your down payment and rebates.More items...

How is the lease payment calculated?Start with the sticker price (MSRP) of the car.Take the MSRP and multiply it by the residual percentage.This equals the residual value.Then take the negotiated selling price of the car.Add in the fees to get the gross capitalized cost.Subtract your down payment and rebates.More items...

To figure your monthly payments, take the total financed amount of the lease (depreciation, plus taxes, interest, and fees) and divide it by the number of months.