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Use this calculator to help you determine your 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 down payments can impact your payment. You can also examine your complete amortization schedule by clicking on the "View Report" button.
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Definitions
- Payment
- Payment for the frequency of this loan
- Interest rate
- Annual interest rate for this loan
- Number of payments
- Number of weeks, months, etc. 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.
- 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.
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