Calculators
Free Canadian Loan Calculators
Free loan calculators for Canadian borrowers: payments, total interest, affordability, car financing, mortgages and the payday cost cap.
Loan Payment Calculator
Work out the monthly payment, total interest and total cost of a fixed-rate instalment loan.
Loan Interest Calculator
See how much interest a loan costs in total, and how much of each payment goes to interest versus principal.
Loan Affordability Calculator
Estimate how much debt payment your income can carry using a debt-service ratio, and see what is left over.
Car Loan Payment Calculator
Calculate vehicle financing payments including down payment, trade-in, tax and term length.
Mortgage Payment Calculator
Estimate mortgage payments, total interest and the effect of amortisation length and payment frequency.
Debt Consolidation Calculator
Compare your current debts against one consolidation loan, and see whether the total cost actually falls.
Payday Loan Cost Calculator
Apply the federal $14 per $100 cap to see what a licensed payday loan may cost, and compare that cost with an ordinary instalment loan.
Credit Utilisation Calculator
Work out your revolving credit utilisation by account and overall, and see which balances to attack first.
Find out what you qualify for
One short form, passed to a licensed lender or matching partner. Free, with no obligation to accept an offer.
LoanLoon is not a lender. We do not make credit decisions, set rates, or guarantee approval. The lowest rates are only available to the most qualified applicants.
Sources and further reading
- Financial Consumer Agency of Canada — Government of Canada
- Bank of Canada — rates — Bank of Canada