During this phase, the Architect produces pricing drawings, assists in contractor selection, distributes. drawings, and receives estimates. Pricing drawings include: A narrative description of project scope. Floor plans and 3-D views that describe extent of demolition and new construction.
Gather all the necessary figures to calculate your lease payments. These include the MSRP of the car, the money factor/interest rate the lease is based on, the term of the lease and the residual value the lease is based on.All of this information can be found online or by contacting the dealer or the bank financing the lease.n the above example assuming a money factor of .003, the calculation would look like this: (20,000 + 18,000) x .003 = 114. The interest portion of the monthly payment would be $114. Add the two portions of the lease payment together to get the monthly lease payment less taxes and additional fees.
The way that the state of Ohio applies sales tax to car leases is based on the sum of lease payments. Most states only tax individual monthly payments (and down payment). For example, in Ohio, if lease payments are $300 a month and the lease term is 36 months, the total of all payment is 36 times $300 = $10,800. If the Ohio tax rate in a particular county is 6.0%, the sales tax due on this lease would be $10,88 times .06 = $648. This amount is due at the time the lease is signed, in addition to first monthâs payment and down payment (if any). Tax is due on the down payment as well.