What is this calculator?
Calculate a simplified periodic lease payment.
What can you use it for?
Use this tool to compare a financial scenario using the assumptions you control. Calculate a simplified periodic lease payment.
How to use it
- Enter adjusted capitalized cost.
- Enter residual value.
- Enter lease months.
- Enter money factor.
- Enter payment tax (%).
- Select Calculate (or Generate for random tools).
- Read the answer and any additional results below the form. Check the units and the limits of the method.
Formula and method
The formula uses the units and definitions shown above. Each input is substituted before the arithmetic is evaluated; the calculated output is rounded for display.
Worked example
Adjusted capitalized cost: 3000000, Residual value: 1800000, Lease months: 36, Money factor: 0.002, Payment tax (%): 0. The result is 42,933.33333333 (result).
Assumptions and limits
Standard simplified lease model. Upfront charges and mileage penalties excluded.
Frequently asked questions
What inputs does the Lease Calculator need?
Use adjusted capitalized cost, residual value, lease months, money factor, payment tax (%). Read the answer and any additional results below the form. Check the units and the limits of the method.
What assumptions apply to the Lease Calculator?
Standard simplified lease model. Upfront charges and mileage penalties excluded.