The sticker price is only the start — sales tax and interest add thousands. Enter the vehicle price, your down payment or trade-in, the rate, and the term to see your true monthly payment and total cost.
How this works. Car loans in Canada are fixed-rate instalment loans compounded monthly. This calculator adds provincial sales tax to the price, subtracts your down payment or trade-in, and amortizes the rest over your term. Sales tax varies by province (roughly 5%–15%), and the total excludes registration, insurance, extended warranties, and dealer fees. This is an independent tool, not a loan offer or financial advice.