Enter the total annual percentage rate into the calculator to determine the equivalent money factor.

## Money Factor Formula

The following formula is used to calculate a money factor.

MF = APR (%) / 2400

- Where MF is the money factor
- APR is the annual percentage rate

## Money Factor Definition

A money factor is a method for determining the financing charges on a lease with monthly payments. More specifically it’s 1/2400th of the APR of the lease.

## Money Factor Example

How to calculate a money factor/lease factor?

**First, determine the APR.**Calculate the annual percentage rate of the lease or loan.

**Next, calculate the money factor.**Use the equation above to determine the money factor/lease factor.

## FAQ

**What is a lease factor?**

A lease factor, also known as a money factor, is a me

## Related Terms

money factor calculator |

money factor formula |

how to calculate a money factor |

lease factor calculator |

how to calculate a lease factor |

convert money factor to apr |

convert money factor to interest rate |

lease money factor calculator |

money factor to apr calculator |

lease rate factor calculator |

how to convert money factor to apr |

how to find the money factor on a car lease |

money factor to interest rate calculator |

how to calculate lease money factor |

lease factor to interest rate |

how to convert money factor to interest rate |

car lease calculator money factor |

car lease calculator with money factor |

convert interest rate to money factor |

lease money factor chart |

how to calculate money factor on a lease |

auto lease calculator money factor |

money factor to apr conversion |

reverse money factor calculator |

convert apr to money factor |

converting lease rate factor to interest rate |

how is money factor calculated |

calculate lease payment with money factor |

how to calculate lease rate factor |

convert lease factor to interest rate |

how to find money factor and residual |

how to calculate money factor to interest rate |

lease rate factor to interest rate formula |

how to calculate interest rate from money factor |

how to figure out money factor |

how to find money factor |

apr to money factor calculator |

how to calculate lease interest |

convert lease money factor to interest rate |

how to calculate lease cost |

how to determine money factor on lease |

how do you convert a lease factor to an interest rate |

money factor and residual lease calculator |

lease rate factor to interest rate calculator |

how do you calculate money factor |

how to convert money factor into interest rate |

how to figure out the money factor on a lease |

convert lease factor to apr |

how to calculate money factor from lease payment |

money factor convert to interest rate |

how do i calculate a lease payment |

lease factor to interest rate calculator |