I visited orix guys they very helpful but expensive indeed. Simple formula which i have extracted from the sheet given me.
19.88 X the amount leased X it with years you are availing finance. The figure you get is the amount you have to give back
For example
Xli LE factory price 1561000 49%
down payment-764890
Amount financed 7962110
19.88% Interest rate for a year + insurance
796110 x .1988= 158266.66
TOTAL INTEREST FOR THREE YEARS
158266.66 x 3= 474799.8
TOTAL PAYABLE INTEREST + AMOUNT LEASED
474799.8 + 796110 =1270910
PER MONTH INSTALLMENT
1270910/36 = 35303
Sent from my HUAWEI G610-U20 using PW Forums mobile app