Lease Calculator (Canada)
Estimate monthly lease payment and total lease cost using common dealer inputs.
Sticker price used for residual calculations.
Sale price before cash reductions. Often lower than MSRP.
Most common: 36 months.
Can affect residual in real deals. Here it’s informational.
If you know residual value ($), you can enter it in Advanced.
Enter APR%. In Advanced you can switch to Money Factor if you know it.
Used to auto-fill sales tax rate. You can override it below.
Auto-filled. Edit if your tax differs (some deals vary by region/fees).
Also called “cap cost reduction”. Higher down usually lowers monthly payment.
If you trade in a vehicle, enter credit applied to the deal.
Cash rebates that reduce cap cost.
Dealers often roll fees into the lease to reduce due-at-signing.
Advanced dealer inputs
If you have exact residual dollar value, enter it here. Otherwise residual % is used.
If MF is provided, it overrides APR field. (Approx: MF ≈ APR / 2400)
Common lease fee charged by lenders.
Dealer doc/admin fee.
Any extras: tire levy, air tax, admin, etc.
Not always required. Included in due-at-signing / total cost.
How this Lease Calculator works (Canada)
This tool estimates your monthly lease payment using common lease math: depreciation (cap cost minus residual) plus finance charge (cap cost plus residual) multiplied by a money factor. Taxes are applied to the monthly payment using your selected province’s typical rate.
What you can enter
- MSRP and Cap cost (negotiated price)
- Residual (percent or value)
- APR or Money Factor
- Down payment, trade-in, rebates
- Fees (capitalized or paid upfront)
Important note
Real leases can vary by lender rules, incentives, and tax treatment for specific fees. Use this as an estimate to compare offers.
Estimated monthly lease payment (with tax)
$0
Before tax: $0
Total lease cost (estimate)
$0
Includes due at signing + payments
Due at signing (estimate)
$0
Down + fees (if not capitalized) + security deposit
| Breakdown | Monthly |
|---|---|
| Depreciation | $0 |
| Finance charge | $0 |
| Base payment (pre-tax) | $0 |
| Tax | $0 |
| Total (with tax) | $0 |
Monthly payment breakdown
Monthly payment vs down payment
How this Lease Calculator works (Canada)
Enter MSRP, negotiated price (cap cost), lease term, residual, and APR/MF. We estimate depreciation + finance charge, then apply provincial sales tax to the monthly payment.
Tip
Use the second chart to see how increasing your down payment can reduce your monthly lease payment.
Disclaimer: Estimates only. Lease programs, incentives, and tax treatment vary by lender/dealer and province.