Free Canadian Car Loan Calculator

Car Loan Calculator Canada

Monthly & Bi-Weekly Payments with Provincial Tax

Calculate your exact car payment for any province - including GST, HST, QST, and PST. Supports trade-in values, bi-weekly payments, and all loan terms.

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Provinces & Territories
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Payment Frequencies
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Tax-Accurate Results

Vehicle & Financing Details

ℹThe listed selling price of the vehicle - the sticker or ad price before HST, GST, QST or PST is added.

ℹThe value your dealer gives for your current car as a credit. It reduces the taxable amount - saving you tax. Enter 0 if no trade-in.

Smart Buyer Tips

  • A larger down payment reduces your principal and total interest paid significantly.
  • Bi-weekly payments can save you thousands in interest over the life of the loan.
  • Trade-in value reduces your taxable amount in most Canadian provinces.

Your results will appear here

Fill in the form and click Calculate to see your estimated payments.

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Car Loan Calculator FAQ

Common questions about financing a vehicle in Canada

Enter the vehicle price, down payment, interest rate, loan term, and your province. Our calculator automatically includes provincial tax (HST, GST, QST, PST) for accurate Canadian results.

Yes, in most Canadian provinces the trade-in value reduces the taxable amount before tax is applied (HST, GST, QST). This can save hundreds of dollars in provincial sales tax.

Bi-weekly payments (26 periods/year) result in one extra monthly-equivalent payment per year compared to monthly (12 periods/year), which reduces total interest paid and shortens the loan term.

Used car loan rates in Canada typically range from 4.99% to 9.99% depending on your credit score, loan term, and lender. New cars often qualify for promotional rates from 0.99% to 4.99% through manufacturer financing.

Financial advisors recommend a down payment of at least 10-20% of the vehicle price. A larger down payment reduces your principal, lowers monthly payments, and decreases total interest over the life of the loan.

Yes. In most provinces, you pay provincial sales tax (PST, HST, or QST) on the purchase price of a used vehicle. In Quebec, you pay 9.975% QST + 5% GST. In Ontario, you pay 13% HST. Tax is calculated on the price minus trade-in value.

For illustration purposes only. Actual payments may vary based on lender terms, credit score, and fees. Consult your dealer or financial institution for exact figures.