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There is something in lease terminology that is similar to a payoff balance. I'd call the lease company and try to get them to help you. Just tell them you are curious and are not making a decision to cancel the lease at this time. Then they can run down all the fees and cost involved.

Yes, the current value of the vehicle is very important to them. They want to be able to sell the vehicle for what it is worth after you give it back. That is basically what a lease is. They have determined what your vehicle will be worth in 72 months. The purchase prices minus what it will be worth at lease end is the cost to you. That cost is then divided by 72 months in this case. So it is possible you could be upside down in effect and owe more money than the termination fees, ect.

Sorry, I don't know the exact term. You are doing so well.