Estimate indicative monthly repayments on a vehicle or equipment lease — including the residual — and see how the structure you choose drives the cost.
What this calculator estimates
A lease spreads the cost of a vehicle or piece of equipment over a fixed term, usually with a residual — a lump sum still owing when the term ends. This tool gives you an indicative monthly repayment from four inputs: the asset price, your deposit or trade-in, the rate, the term, and the residual. It also shows the amount financed, the residual you will face at the end, and the total interest across the life of the agreement, so the back-end is not a surprise.
What drives the number
The repayment is not just price divided by months. A higher residual lowers the monthly figure but leaves a larger lump sum to refinance, pay out, or settle on trade — which is a financing decision, not a saving. The rate moves with the lender, the asset class, the age of the asset, and your credit profile. And the wrapper itself matters: a finance lease, a novated lease, a chattel mortgage and an operating lease are taxed and structured differently, and the right one depends on how the asset is used and what your accountant advises. The question is which structure fits, not which headline rate looks lowest.
Use the figure as a starting point
Treat this as a way to frame the conversation, not a quote. If the monthly number works but the residual worries you, that is worth structuring around before you sign. Book a strategy session and we will work through the structure, the lender and the real numbers together.
General information and credit assistance only — not personal financial product or credit advice. The estimate is indicative and depends on each lender's policy, current rates and your full circumstances. Tax and GST outcomes depend on how the asset is used and should be confirmed with your accountant. AeFin is an Australian Credit Representative (CR 464548) of Finsure (ACL 384704).