Free • Instant • Transparent

Check your
rate

Enter the numbers from your finance offer and we'll calculate your interest rate or monthly payments — in seconds.

$
Vehicle price minus down payment / trade-in — excluding GST
$
Your agreed monthly payment — excluding GST
MOS
Number of months (e.g. 36, 48, 60, 72)
$
Buyout price at end, excluding GST. Enter 0 for standard loans
Calculated Annual Rate Interest Rate (Loan)
—% Interest Rate
Total Interest —
Finance Type —

Enter the amount financed, interest rate and residual value to calculate your monthly repayment.

$
Enter the amount being borrowed ex GST — not the purchase price of the car. This is the net amount your finance provider is lending you.
% PA
Annual rate as shown on your loan offer
MOS
Number of months — e.g. 360 = 30 yrs, 60 = 5 yrs, 84 = 7 yrs
$
Balloon / buyout at end, excluding GST. Enter 0 if none
Monthly Payment EX GST (IN ARREARS)
—
per month
Total Interest
—
over loan life
Total Repaid —
Principal —
Residual Value —
Years —
How It Works
1
Enter your deal details — for Amount Financed, enter the amount being borrowed ex GST, not the purchase price of the car. This is the net amount your finance provider is lending you.
2
We solve for rate using the industry-standard TVM formula (same banks use)
3
Review the result — the calculated rate is shown clearly for your records
4
Negotiate with confidence — or walk away if the numbers don't add up

About LeaseRateCheck

LeaseRateCheck is a free, independent tool designed to help Australians verify the interest rate on their novated lease. We believe everyone deserves to understand the true cost of their finance — without needing to be a financial expert.

Our calculator uses the industry-standard Time Value of Money (TVM) formula — the same method used by banks and finance providers — to derive the implied annual interest rate from your lease details.

LeaseRateCheck is based in Australia and built for Australian consumers. We are not a financial adviser and do not provide financial advice. All results are for informational purposes only. Always consult your finance provider or a licensed financial adviser before making financial decisions.

Contact Us

Have a question, feedback, or want to advertise on LeaseRateCheck? Fill in the form below and we'll get back to you.

Privacy Policy

Last updated: June 2026

1. WHO WE ARE

LeaseRateCheck (leaseratecheck.com) is a free, independent novated lease rate calculator based in Australia. We are not a financial adviser and do not provide financial advice.

2. WHAT DATA WE COLLECT

We collect minimal data:

3. GOOGLE ADSENSE & COOKIES

This site uses Google AdSense to display advertisements. Google may use cookies to serve ads based on your prior visits to this or other websites. You can opt out of personalised advertising by visiting Google Ad Settings.

4. HOW WE USE YOUR DATA

Contact form data is used solely to respond to your enquiry. We do not sell, share, or distribute your personal information to third parties.

5. THIRD PARTY SERVICES

We use the following third party services:

6. YOUR RIGHTS

You have the right to request access to, correction of, or deletion of any personal data we hold about you. To make a request, use the Contact form on this site.

7. CHANGES TO THIS POLICY

We may update this Privacy Policy from time to time. Any changes will be posted on this page with an updated date.

8. CONTACT

For any privacy related questions, please use the Contact form on this site.