Auto Loan Payment Calculator

Calculate monthly payments with Bank of Canada rates

Current Bank of Canada Prime: 6.95%

Updated daily. Typical auto loan: Prime + 2% = 8.95%

Loan Details

Enter your vehicle and financing information

Vehicle Price*

$CAD

Price before taxes

Down Payment

$CAD

Initial payment amount

Province *

Trade-In Value (Optional)

$CAD

Value of your trade-in vehicle

Loan Term*

Most common: 60 months

Interest Rate*

Current market: 8.95%

Payment Frequency