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Car
Finance Calculator
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Use this calculator to help you determine
your monthly car finance payment
After you have entered your current
information, use the graph options to see
how different loan terms or down payments
can impact your monthly payment.
Definitions
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Monthly payment
-
Monthly payment for your auto
financing.
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Total purchase price (before tax)
-
This is the total cost of your auto
purchase. Include the cost of the
vehicle, any additional options and
any destination charges. Don't
include GST in this amount. GST will
be calculated for you and included
in your total after tax price.
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Term in months
-
Number of months for this loan.
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Interest rate
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Annual interest rate for this loan.
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Cash down
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Total amount of cash used in this
purchase. The larger your cash down
payment the smaller the loan you
will need to finance this purchase.
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Trade allowance
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The total amount that you are given
for any automobile that you trade-in
as part of this purchase.
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Amount owed on trade
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Total loan balance still outstanding
on the trade-in.
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Non-taxable fees (optional)
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Any additional fee that is not
subject to sales tax. This usually
includes document fees or any other
fees that may be due at delivery and
are not taxable.
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Taxable fees (optional)
-
Any additional fee that is subject
to sales tax. This usually includes
title transfer fees or any other
fees that may be due at delivery and
are taxable.
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GST
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GST percentage rate charged on this
purchase.
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Useful
Information