Use this calculator to calculate the monthly lease payments for a motor vehicle. Compare various car leasing interest rates, loan terms and residual/balloon payments.
Calculator results are estimates only and not quotes. Actual quotes will be provided by licensed brokers after you submit an enquiry.
Car Lease Details:
Important!
Car Lease Interest Rates differ from lender to lender and will depend on your individual circumstances (credit history, employment status, age, etc.). To find out if you qualify ... and for a free, personalised interest rate and repayment quote,
please CLICK HERE
Car Lease Amortisation Calculator
The following amortisation graphs detail month-by-month data on the progress of the proposed loan. The first chart below examines the reducing loan balance over the course of the finance contract term. The second graph illustrates the portion of each monthly repayment allocated to payment of interest vs principal reduction.
How to use our Vehicle Lease Repayment Calculator
Our Vehicle Lease Repayment Calculator helps you estimate monthly lease repayments for a motor vehicle by modelling three key variables: interest rate, lease term, and the residual or balloon amount payable at the end. It’s important because small changes to any of these inputs can materially affect cash flow, total interest over the term, and the end-of-lease obligation, helping you compare scenarios before you speak with a lender or novated leasing provider. ([financialservicesonline.com.au](https://financialservicesonline.com.au/Calculators/loanCalculatorAjax.php?type=car_lease))
How to complete the form for the best result:
1. Purchase Price
Enter the total amount you want financed for the vehicle. Include relevant upfront costs you intend to roll into the lease (for example, on-road costs or insurance where applicable). Use whole numbers only (no decimals, commas, or dots). ([financialservicesonline.com.au](https://financialservicesonline.com.au/Calculators/loanCalculatorAjax.php?type=car_lease))
2. Balloon or Residual Value (percent of purchase price)
Select the residual percentage. A higher residual generally reduces the monthly payment but increases the amount left owing at the end, which can increase overall cost across the term. Choose a residual that matches your intended end-of-lease plan (keep, refinance, or sell). ([financialservicesonline.com.au](https://financialservicesonline.com.au/Calculators/loanCalculatorAjax.php?type=car_lease))
3. Term of Loan (years)
Choose the number of years. Longer terms usually reduce monthly repayments but can increase total interest paid. Select a term that suits how long you expect to keep the vehicle and your budget tolerance. ([financialservicesonline.com.au](https://financialservicesonline.com.au/Calculators/loanCalculatorAjax.php?type=car_lease))
4. Interest Rate (per annum)
Select an interest rate to simulate. Use a conservative rate when stress-testing affordability, because your actual rate may differ depending on lender policy and your circumstances. ([financialservicesonline.com.au](https://financialservicesonline.com.au/Calculators/loanCalculatorAjax.php?type=car_lease))
5. Calculate
Click calculate to generate your estimated monthly lease repayment and amortisation visuals. ([financialservicesonline.com.au](https://financialservicesonline.com.au/Calculators/loanCalculatorAjax.php?type=car_lease))
How to interpret the results:
1. Monthly repayment estimate: Use this as a budgeting guide and compare scenarios by adjusting term, rate, and residual.
2. Amortisation charts: Review how the balance reduces over time and how much of each payment is interest versus principal; this highlights when interest costs are highest and the impact of a larger residual. ([financialservicesonline.com.au](https://financialservicesonline.com.au/Calculators/loanCalculatorAjax.php?type=car_lease))
ASIC compliance note: This guide is general information only and does not consider your objectives, financial situation or needs. Consider the full lease contract, fees, taxes, insurance, maintenance, and end-of-lease options before deciding, and consider getting personal advice if needed.
Car loan refinancing involves taking out a new loan to pay off an existing car loan. This can be done with the same lender or a different one. The primary goal is often to secure better interest rates, alter the loan term, or reduce monthly payments. - read more
Pre-approved car loans are financing arrangements where a lender evaluates your financial situation and determines an approved loan amount before you start shopping for a vehicle. This process provides buyers a clear understanding of their budget, which helps in making more informed decisions. - read more
Car financing has become increasingly popular among Australians for a variety of reasons. For many, it offers the opportunity to own a vehicle without having to pay the entire purchase price upfront. - read more
Buying a car, especially for the first time, can be an exciting milestone. It's not just about finding a vehicle that suits your needs and lifestyle—it’s also about navigating the financial journey that accompanies it. One crucial part of this process is understanding auto loan pre-approval. - read more
Buying a new vehicle is an exciting experience, but finding budget-friendly car insurance can often feel overwhelming. Understanding how to navigate the landscape of car insurance is crucial to ensuring you get the best deal possible. - read more
If you're in the market for a new car, you're probably wondering what you need to do to get the best car loan. It's no secret that the car dealership will try to sell you a loan, but you don't have to take their offer! In fact, you can get a much better loan if you know what you're doing. - read more
In April 2026, electric vehicles (EVs) accounted for 16.4% of all new car sales in Australia, marking a significant milestone in the nation's automotive market. This equates to approximately one in every six new vehicles sold being electric, highlighting a rapid shift towards sustainable transportation. - read more
The Australian housing finance sector has witnessed a significant downturn, with new dwelling finance approvals falling by 3.8% in the first quarter of 2026. This marks the largest quarterly decline in three years, signaling potential challenges within the housing market. - read more
The Reserve Bank of Australia (RBA) has raised the cash rate by 25 basis points, bringing it to 4.35% as of May 2026. This decision comes despite recent inflation figures showing a slight decrease, indicating the RBA's commitment to steering inflation back within its target range of 2% to 3%. - read more
Macquarie Bank has reported a significant 27% increase in its residential mortgage portfolio over the past year, solidifying its position as Australia's fifth-largest lender. This growth highlights Macquarie's successful strategies in capturing a larger share of the mortgage market, traditionally dominated by the big four banks. - read more
As of March 2026, Australian savers are witnessing the highest interest rates on savings accounts in over a year, with rates reaching up to 5.50%. This increase is largely driven by recent cash rate hikes implemented by the Reserve Bank of Australia (RBA). - read more
MG has announced a significant price reduction on its HS Super Hybrid range as part of its End of Financial Year (EOFY) M-Genius campaign. Until 30 June 2026, the HS Super Hybrid Excite is available for $42,990 driveaway, down from $47,990, and the Essence variant is priced at $46,990, reduced from $51,990. This $5,000 discount represents approximately a 10% saving on these plug-in hybrid SUVs. - read more
As the End of Financial Year (EOFY) approaches, tradies planning to finance a new ute or work vehicle should be mindful of critical timing considerations to maximise tax benefits and avoid processing delays. Light commercial vehicle sales have seen a decline of 5% in Q1 2026, and heavy commercial vehicles dropped by 12.5%, indicating a competitive market landscape. - read more
All quotes are provided free and without obligation. We respect your privacy.
Knowledgebase
Guarantor: A party who agrees to be responsible for the payment of another party's debts should the original party fail to pay or perform according to a contract.
