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.
This value is used to calculate the Residual Value of the car. Residual Value. This figure represents the estimated value of the car at the end of the lease. In a closed-end lease, you will have the option to purchase the car at the end of the lease from the leasing company for the residual value. The residual value, which is used to calculate the monthly payment, accounts for the car's depreciation over the lease period. In general, the lower the residual the higher your payment. Sometimes the residual is expressed as a percentage of the retail price (MSRP) of the car. Typical residuals range from 35% to 65%.