u/paiyan_

Hi all - would appreciate some feedback on a Paywise quote through my workplace. The consultant has mentioned a 9.59% interest rate but using the Novated Lease Calculator as a reference, the monthly lease payment of $1686 is closer to a 12.2% effective interest rate. Am I missing something here (have asked the consultant for a more thorough breakdown)?

Would appreciate any advice and feedback on whether this is a competitive quote, thanks in advance!