Borrowing, comparing and refinancing

Leasing Calculator

Calculate the monthly payment on a car or equipment lease with a residual value, and the total interest over the term.

Cost: Free
Your figures: Stay in your browser
Rates checked: 22 October 2026

Purchase price

Lease term

years

Residual

% of price

The ATO minimum for a 5-year car lease is 28.13%, or $14,065 on this price.

Interest rate

% p.a.

Payments

In advance, the first payment is due when the lease starts. In arrears, a month later.

Monthly payment in arrears

$822.40

60 payments, then a residual of $14,065 at the end of the lease.

Price$50,000(79%)
Interest$13,409(21%)

Residual: $14,065
Number of payments: 60
Total paid, including the residual: $63,409
Total interest: $13,409

Talk to a broker

Estimate only, based on the figures entered and the assumptions listed below. It is not a quote, an offer of credit or personal advice.

Amount owing over the lease

What is left to pay at the end of each year, falling to the residual at the end of the term.

Show the figures as a table

Amount owing at the end of each year of the lease
Point	Amount owing
Start	$50,000
End of year 1	$43,911
End of year 2	$37,317
End of year 3	$30,175
End of year 4	$22,441
End of year 5	$14,065

How this calculator works

A residual, or balloon, is the amount left owing at the end of the lease. A higher residual lowers the monthly payment but leaves more to pay or refinance at the end.

For a car lease the residual cannot be lower than the ATO's minimum for the term, which the calculator shows as you change the term.

Assumptions

The rate is fixed for the term and payments are monthly, with interest charged monthly.
Payments in advance fall at the start of each month, payments in arrears at the end.
The residual is paid at the end of the term and is included in the total paid.
Fees, stamp duty and GST are not included.

Government rates, thresholds and fees were checked against official sources on 22 October 2026. They change, so confirm them before you rely on a figure.

Want the number a lender would actually give you?

Send through your figures and we will run them against our panel of 45 lenders for a real answer.

Talk to a broker 0451 000 660

Mon - Fri 09:00 - 18:00 | Sat 09:00 - 13:00 | Sun - CLOSED