Free leasing calculator

Free leasing calculator

Calculate how much your lease will cost you in total interest over the length of the term.

Assumptions

  • It does not take into account any possible fees i.e. up-front fees or ongoing fees.
  • Interest rate does not change over the loan term.
  • Interest is calculated by compounding on the same repayment frequency selected, i.e. weekly, fortnightly, monthly. In practice, interest compounding frequency may not be the same as repayment frequency.
  • It is assumed that a year consists of 26 fortnights or 52 weeks which is counted as 364 days rather than 365 or 366 days.
  • No rounding is done throughout the calculation, whereas repayments are rounded to at least the nearer cent in practice.
Free Consultation


Newsletter Signup


Contact Mirren today

No guesswork. No dramas. Just results.