Lease Origination
Precise and Compliant Lease Payment Calculations
CarletonCalcs® Lease Origination API is a payment calculation engine that computes precise and compliant consumer transactions configured to specific leasing programs. This API is integrated with many major Loan Origination System (LOS) and Dealer Management System (DMS) software providers, menu solutions, insurance companies, and direct lenders.
Simple Interest Computations
Allow 0% Interest, Residential Extensions, and Upfront Payments
Cap Cost Reduction (CCR) Features
Upfront Costs, Processing Order, and Fees
Sales Tax Criteria
Tax Structure, Tax Credit, ID Tax Credit, Sales Tax Methods, Total of Regular Payments, Mileage Charge, and More
Credit Insurance Options
Life Insurance, Accident & Health (A&H/Disability), and General
Payment Computation Options
Minimum/Maximum Fee Support, Whole Portion Support, Rounding of Percentage Fees, Type, Tax, and Handing
Markets CarletonCalcs® Lease Origination Serves
Configurations for Specific Leasing Programs
CarletonCalcs® Lease Origination API seamlessly integrates with industry platforms for the following markets:
