Payment clarity

Lease Calculator

Calculate monthly lease payments for equipment or property using asset value, residual, and money factor. Use this Loans and credit tool to enter your numbers, review the result, and understand the key assumptions before making the next decision.

What you get
A focused calculator, clear explanation, common questions, and useful next tools.
Quick intro
Calculator
Result
Explanation
Common questions
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How this calculator works
The result depends on the numbers you enter and the assumptions shown below.

A lease payment is based on the depreciation during the lease period plus finance charges. The money factor (equivalent to interest) determines the financing cost portion of your payment.

Review the inputs carefully and treat the output as an estimate. For decisions involving money, taxes, health, law, or security, compare the result with trusted professional guidance when needed.

Frequently asked questions

What is money factor?

Money factor is the financing charge on a lease, similar to an interest rate. Multiply by 2400 to convert to an approximate APR. For example, 0.003 × 2400 = 7.2% APR.