Financial Calculators

Auto Loan Calculator

Use this calculator to help you determine your monthly auto loan payment or your auto purchase price. After your have entered your current information, use the graph options to see how different loan terms or downpayments can impact your monthly payment. You can also examine your complete amortization schedule by clicking on the "View Report" button.

This Financial Calculator requires a Browser with Javaô applet Support. If you are seeing this message you will need to download SUN's Javaô Plug-in. This can be done simply, and automatically, by clicking the link below:

Get the Javaô Plug-in!

Definitions

Monthly payment
Monthly payment for this loan

Interest rate
Annual interest rate for this loan

Term
Number of months for this loan.

Cash down
Total amount of cash used in this purchase.

Trade allowance
Total dollar amount given on your trade-in.

Amount owed on trade
Total loan balance still outstanding on the trade-in.

GST + PST or HST (%)
Tax percentage rate charged on this purchase in your province. This tax is charged on the purchase price minus the trade in.

Total purchase price
Total purchase price includes the price of the vehicle (before tax), freight and PDI.

Net trade in
Net amount for trade in applied to your purchase.

Total taxes
Total amount of tax you on will pay on this purchase.

Loan amount
Total amount of your auto loan.

Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice. We can not and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.