Novated Lease Calculator

Novated Lease Calculator

Use our novated lease calculator to find out how much you can borrow.

Using our Novated Lease Calculator

Enter an amount into the loan amount field that you would like to finance. Then choose the number of year you would like the novated lease to run over.

Next you need to enter a interest rate into the novated lease calculator. You can use the novated commercial rate below are a guide.

The next field is for the balloon payment. A novated lease balloon payment is optional. A balloon is an payment larger than your regular payments. It is made at the end of the loan. An advantage of a balloon is that the interest isn't paid on the balloon amount there for you can reduce the interest you pay.

Now just click calculate to calculate the novated lease.