Leasing Calculator
Estimate monthly repayments, the final balloon and total payments on an Australian car or equipment finance lease.
Example estimate
Estimated monthly lease payment
$647.74/mo
- Final balloon payment
- $12,000
- Balloon in today’s dollars
- $10,606
- Total paid including fees
- $50,864
- Interest and fees
- $10,864
This estimate uses the figures shown. For financial product decisions, consider advice from a licensed financial services provider.
How this estimate works
This is a fixed-rate asset finance estimate with monthly payments in arrears and a residual payment at the end. Enter the amount actually financed and any fees from your quote. GST treatment, novated lease tax effects, running costs and return options depend on the agreement.
Example amounts illustrate the calculation. Replace them with your own figures or quotes.
How does a balloon payment affect lease repayments?
A balloon defers part of the financed amount until the end of the term. A larger balloon lowers monthly repayments and leaves a larger final payment. Compare total payments as well as the monthly figure.