Lease Calculator  
 
 

Step 2: Monthly Finance Charge
(CC + RV) * MF
Step 3: Total Monthly Charge (plus tax)
(Monthly Depreciation Charge + Monthly Finance Charge) * LST
Where,
MF: The Money Factor. (You can find out what your interest rate is by multiplying the money factor by 2400)
RV: Residual Value. What the car is worth at leaseend.
CC: The Capitalized Cost AKA Sale Price.
LST: Local Sales Tax.
M: Term of the lease (24,36,48,etc)
Examples:
Calculate lease?
Where,
MF: The Money Factor. (You can find out what your interest rate is by multiplying the money factor by 2400) = 0.00186
RV: Residual Value. What the car is worth at leaseend.= 30000
CC: The Capitalized Cost AKA Sale Price. = 50000
LST: Local Sales Tax. = 8.25%
M: Term of the lease (24,36,48,etc) = 36
Step 2: Monthly Finance Charge
(CC + RV) * MF
= (50000 + 30000) = 20000 * 0.00186 = 37.2
Step 3: Total Monthly Charge (plus tax)
(Monthly Depreciation Charge + Monthly Finance Charge) * LST
=
(555.55+37.2) = 592.75 * 1.0825 (8.25% tax) = 641.651