Example 1
- Price: $35,000
- Down: $2,000
- Residual: 55%
- Term: 36 mo
- APR: 6%
About $512.57 /mo
Money factor 0.00250
$35,000, $2,000 down, 55% residual, 36 mo, 6% APR → ≈ $512.57/mo.
Car Lease Calculator
Enter the negotiated price, down payment, residual percent, term, and APR. At $35,000 with $2,000 down, 55% residual, 36 months and 6% APR, the payment is about $513. This follows the usual U.S. money-factor method. It is not a dealer quote.
Result
After you enter price, term, down payment, residual, and APR, the result appears here.
Monthly payment = depreciation fee + rent charge (money factor = APR ÷ 2400). Compare with a loan on leasing vs loan. Residual value alone is on residual value.
How results are calculated
Price35000
APR6%
Months36
Payment512.57
This United States lease calculator uses negotiated price, cash down payment, residual percent, term in months, and APR. Capitalized cost is price minus down payment. Residual is price times residual percent. Monthly payment is the depreciation fee plus the rent charge: (cap cost − residual) ÷ months, plus (cap cost + residual) × money factor, where money factor = APR ÷ 2400.
Example: $35,000 price, $2,000 down, 55% residual, 36 months, 6% APR. Cap cost is $33,000. Residual is $19,250. Depreciation is $381.94 a month. Money factor is 0.00250. Rent charge is $130.63. Payment is about $512.57. The residual is due only if you buy the car at lease end.
If down payment and residual are blank or zero, depreciation uses the full price and the rent charge still follows the money-factor rule. That is a teaching edge case, not a typical U.S. lease quote.
The result is educational arithmetic. There is no credit score, acquisition fee schedule, disposition fee, or dealer money-factor mark-up. Header currency only labels the amounts. Example numbers do not convert when you change currency or the units layout.
How to use
- Enter the negotiated price, for example 35000.
- Pick a term button or type months, for example 36.
- Enter the cash down payment, for example 2000, and the residual percent, for example 55.
- Enter the APR, for example 6, and click Calculate.
- Read the monthly payment and the money factor. Use leasing vs loan if you want a loan payment beside this estimate.
Down payment, residual, and finance charge
At $35,000, $2,000 down, 55% residual, 36 months and 6% APR, payment is about $512.57. Money factor is APR ÷ 2400.
- capitalized cost
- Price minus down payment. At $35,000 with $2,000 down, that is $33,000.
- residual
- What the car is assumed to be worth at lease end, as a percent of price. 55% of $35,000 is $19,250.
- money factor
- APR ÷ 2400. At 6% APR the factor is 0.00250. Dealers often quote this number instead of APR.
- payment
- Depreciation fee plus finance charge (rent charge). That is the monthly amount in the result.
Usage examples
Example 2
- Price: $42,000
- Down: $3,000
- Residual: 50%
- Term: 39 mo
- APR: 5.5%
About $599.04 /mo
Money factor 0.00229
Longer term, slightly lower APR → ≈ $599.04/mo (money factor 0.00229).
Example 3
- Price: $35,000
- Down: $0
- Residual: 0%
- Term: 36 mo
- APR: 6%
About $1,059.72 /mo
No residual (for comparison)
No residual (comparison only) → ≈ $1,059.72/mo; not a typical dealer quote.
Related calculators
Frequently asked questions
How do I calculate a car lease payment?
Depreciation = (cap cost − residual) ÷ months. Rent = (cap cost + residual) × money factor, where money factor = APR ÷ 2400. Payment ≈ depreciation + rent. Example: $35,000, $2,000 down, 55% residual, 36 months, 6% APR → about $513 a month.
What monthly payment comes from $35,000, $2,000 down, 55% residual, 36 months and 6% APR?
About $512.57 a month in the educational money-factor model. That is an estimate from the form fields, not a dealer quote.
Is this the same as a lease vs loan comparison?
No. Here you compute one simplified lease payment. The lease vs loan calculator puts a lease payment next to a loan payment from the same inputs.
Does the result replace a dealer lease worksheet?
No. The calculator does not add acquisition fees, taxes, or dealer incentives. Use a signed worksheet for a binding figure.
Is this a free car lease calculator?
Yes. Enter price, down payment, residual, term, and APR and you see the monthly payment at once. No account required.
What is the payment on $35,000 with $2,000 down, 55% residual, 36 months and 6% APR?
About $512.57 a month. Capitalized cost is $33,000, residual $19,250, money factor 0.00250. The payment is depreciation plus the rent charge.
How is money factor computed?
Money factor = APR ÷ 2400. At 6% APR that is 0.00250. The calculator shows the factor next to the payment.
Does residual lower the monthly payment?
Yes. A higher residual lowers the depreciation fee, but you still owe the residual if you buy the car at lease end.
Is $512.57 a dealer quote?
No. It is an estimate from the numbers you enter. Acquisition fees, taxes, and money-factor mark-ups come from the dealer.
What if residual and down payment are zero?
Depreciation uses the full price and the rent charge still uses the money factor. That helps you see the formula, but it is not a typical U.S. lease quote.
How is this different from leasing vs loan?
Here you get a U.S. lease payment. On leasing vs loan you can put that estimate next to a loan payment.
Do 5.5 and 5,5 count as the same APR?
Yes. A comma and a period mean the same rate.
Does header currency change the math?
No. The number stays the same. The symbol only labels the result.
Knowledge sources
In this model the monthly payment is the depreciation fee plus the rent charge (money factor = APR ÷ 2400). Sources below are general finance references, not a dealer quote.
Page updated October 11, 2026.