🚗 Money Factor Calculator
APR ⇄ Money Factor
How to Use This Calculator
1
Choose Mode
Convert APR to MF or MF to APR.
2
Enter Value
Type APR (%) or Money Factor.
Formula
MF ≈ APR / 2400
APR (%) ≈ MF × 2400
Frequently Asked Questions
Why 2400?
Industry convention: APR (%) / 2400 approximates the lease money factor.
Is it exact?
It’s a commonly used approximation for consumer leases.