Calculate Money Factor on Lease - alphaleasing.com
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Calculate The Money Factor/Interest Rate on a Lease

This function calculates the Money Factor and the Equivalent Interest Rate on a Lease.  Enter the Adjusted Cap Cost, Residual Amount, Lease Term, and Total Rent Charge. Click to calculate the Money Factor.  Many times people are not aware of the interest rate that they are paying on their lease.  There is no easy way to determine this from looking at the lease contract.  This Function is a quick way to tell your client what interest rate they are actually paying. 

Unlike others, we always disclose the Money Factor and interest rates on our leases.


 
 
 
Adjusted Cap Cost:     
Residual Amount:    
Lease Term in Months:   Money Factor:  
Total Rent Charge:   Equiv. Interest Rate:
 

 

 
 

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