Novated Lease Repayment Calculator

Jade Finance has simplified the decision-making process around Novated Leases with provision of our repayment calculator. Novated Lease with Salary Sacrificing is a specialist business motor vehicle finance product where the employer provides a fully-maintained car to an employee with the employee agreeing to have costs associated with the vehicle, including lease payments, deducted from their pre-tax salary.

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DISCLAIMER: This comparison chart is provided for general reference purposes only. It is not in any way intended as a loan application, it is not a quote for business finance or any indication that an application has been received or approved. The rates quoted are for business use where the funds are predominately for business use and may not include all the fees and charges that may be applicable. The interest rates and the repayments displayed do not account for any conditions pertaining to your individual loan application. Therefore the interest rate and repayment you may be offered may vary from the amount shown.

So if you’re such an employee, you may be wanting to estimate what these repayments will be. As an employer, you will be wanting a repayment estimate for planning purposes.

The calculator allows you to receive an estimate on both new and used vehicles for the full price range, from budget cars to luxury vehicles.

With all values entered and fields filled, you’re done.

Click Calculate and Your Lease Repayment Estimate Will Be Displayed on Your Screen

This is a ballpark estimate and to change the amount, simply change the amounts you entered previously for loan term and residual.

To calculate an estimated repayment on another car, simply clear the screen and enter the new values.

This is only a ballpark, but your Jade Finance consultant can quickly turn it into a firm quote.

Click REQUEST A QUOTE for a quick quote or phone a Jade Finance consultant for a firm quote and to discuss your Novated Lease requirements. Call 1300 000 008

Monthly Lease Estimates Quickly and Easily.

Simply enter the values around the car or cars you are considering leasing.

  • Enter the amount for the lease. This may be the vehicle purchase price or purchase price plus other costs associated with the purchase including on-road costs, dealer charges and rego.

  • Enter the number of years you would like to take the lease over. The longer the term the lower the monthly lease payments. Most lenders allow lease terms of 2-5 years on novated leases.

  • Novated Leases feature the option of including a residual which is a percentage of the total lease amount which is deferred for payment to the conclusion of the lease term. Residual values are determined according to ATO guidelines. If you are unaware of the precise value for your purchase, speak with your accountant, refer to ATO resources, make a quick call to Jade Finance or simply enter a realistic value based on your experience.

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Jade Finance simple fast approval application process quickly delivers back all the information you need to help you make the right choices on your finance needs. We pride ourselves on delivering better loan interest rates. Simply you will find our loan packages hard to beat.