Car Loan Calculator Canada - Canadian Car Payment Calculator

Most people would like to know the cost of the monthly payment for a vehicle before they start the purchase process. Use the Car Loan Calculator on this page to get an approximate amount that you would need to pay every month on an auto loan. This calculator does not add taxes or administration costs, so therefore is not 100% accurate but it will give you a good idea.

Also, if you are trying to determine you monthly budget for an auto loan, add more money to the payment to include car insurance, gas, and of course maintenance. Also budget for the occasional repair or breakdown if you plan to purchase a used car that doesn't have any factory warranty remaining and do not plan to purchase an extended warranty.

Canadian Car Financing Calculator - Auto Loan Finance Calculator
 
Annual Interest Rate

(8.5 for 8.5%)
Term of Loan

(48 for 48 months)
Down Payment

(1000 for $1,000)
 
Find Monthly Payment:
Enter loan amount:

(25000 for $25,000)

Monthly payment:
OR
Find Loan Amount:
Enter monthly payment:

(250 for $250)

Total loan amount:
 
Total Interest Paid:

 

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