Lease payments calculator
About the lease payments calculator
Leasing a car or other major items? This calculator helps you work out what your repayments will be. It gives you an idea of how much you will end up paying for the item and includes a field to allow adjustment for residual value. You may also like to take a look at the basic repayments calculator.
Instructions
Enter the purchase price, any residual value and the interest rate to find out the total cost of the item and an estimate of the size of your monthly repayments.
Disclaimer: Calculator is not intended to be relied on for the purposes of making a decision in relation to a financial product. Whilst every effort has been made to ensure the accuracy of this calculator, the results should be used as indication only. Advice should be obtained from a financial services licensee before making financial decisions. Calculator does not assume changes in the cost of living over time. Default assumptions: For the purpose of this calculator, all months are assumed to be of equal length. One year is assumed to comprise 52 weeks and therefore 364 days (as opposed to the actual 365 days or 366 days).
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