Lease contracts aren’t required to show finance rate (lease money factor) or interest directly. However they do show the total of all your monthly finance charges as “Lease Charge” or “Rent Charge.” You can calculate the interest rate very easily as follows: Divide the Lease/Rent Charge by the number of months in your lease. Then divide the resulting number by the sum of Adjusted Cap Cost plus Residual. This is your Money Factor, which can be converted to Interest Rate by multiplying by 2400. The Lease Inspector in our Lease Kit will do this calculation for you, as well as telling you if you got a good deal.

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