Car Lease Repayment & Amortization Calculator: Auto Lease Estimator

What is an Amortized Car Lease Calculator?

An Amortized Car Lease Calculator, or Vehicle Lease Calculator, is a financial tool that helps users estimate the cost structure of a car lease by amortizing (spreading out) the total cost of the lease over the lease term. Unlike a traditional loan where you pay toward ownership, a car lease involves paying for the depreciation of the vehicle value over time plus interest and other fees.

The purpose of the calculator is to help users understand how much they will be paying each month for the lease, along with the breakdown of costs, and allow them to compare different leasing options. This is useful for budgeting and evaluating different leasing scenarios.

Car Lease Amount

This amount should represent the total cost of the vehicle including all on-road costs.

Costs such as car rego, stamp duty, etc as invoiced by a new or used dealer are often included in a car loan as part of the sale price of the vehicle.

Car Lease Residual Value

The "lease residual", a.k.a. "balloon payment" is the amount to be paid at the end of the loan term.

It is only upon payment of the residual amount that the ownership of the vehicle passes to you under the car lease contract.

Car Leasing Interest Rates

Interest rates for Car Leasing are fixed at the beginning of the loan and the car lease repayments will not change throughout the term.

Car Finance Interest Rates can vary dramatically from one finance company to another, however, and your credit history or other factors may also impact on the rate you will be offered.

Car Lease Term

When buying a vehicle using Car Lease Finance, it is advisable to select a loan term to coincide with the number of years that you would anticipate retaining the vehicle.

It is also recommended that the residual percentage you select for the lease is not greater than what the car is likely to be worth at the end of the lease term.

Simply enter the details and click the [calculate] button in order to calculate the monthly Car Lease repayment amount.

Vehicle Lease Quote

If you have used our car lease payment calculator to estimate your car lease monthly repayments, you may want to use our quick and easy online eligibility assessment to ...

• find out if you qualify without affecting your credit file
• access leasing rates and options from multiple lenders,
• compare loan offers for a car lease quote,
• get a vehicle lease pre-approval,
• receive personalised advice from our nation-wide specialist car lease finance broker panel