This is made up of the following three factors broken down to a monthly basis and added together: Depreciation, Rent Charge, and Monthly Sales/Use Tax.

Base monthly payment plus any monthly taxes or other charges.

The total monthly mortgage payment includes principal, interest, taxes, and insurance.

The base monthly payment plus monthly sales or use taxes and any other monthly charges.

The sum of the loan principal, interest, taxes and insurance (PITI) that you pay the lender monthly.

The total monthly lease payment is determined by adding together the monthly depreciation, interest, and sales tax charges.

See Monthly PITI payment.