Instalment Loan Calculators for Canada

Free, no-signup calculators for Canadian borrowers. Each one uses the same standard amortisation maths a lender uses, so you can see the payment, the total interest, and the total cost of borrowing before you apply.

These tools are educational. Enter your own numbers — every rate is an example you can change, not a quote.

Loan Payment Calculator

Work out the monthly payment, total paid, and total interest on a fixed-rate instalment loan.

Free calculator

Loan Amortization Calculator

See the payment plus a period-by-period breakdown of interest, principal, and remaining balance.

Free calculator

Cost of Borrowing Calculator

Add fees to a loan and see the total cost of borrowing, plus the cost per $100 borrowed.

Free calculator

Payday Loan Cost Calculator

See the fee, the total repayment, and the effective annual rate on a payday advance.

Free calculator

Debt Consolidation Calculator

Compare your current monthly payments and total interest with one consolidated loan.

Free calculator

Loan Payoff Calculator

Add an extra monthly payment and see the months and interest you save.

Free calculator

Bi-Weekly Payment Calculator

Compare accelerated bi-weekly payments with monthly payments and see what you save.

Free calculator

APR Calculator

Convert a nominal rate to the effective annual rate and see the APR including fees.

Free calculator

Loan Affordability Calculator

Enter a monthly payment, rate, and term to see the maximum principal you could borrow.

Free calculator

Line of Credit vs Loan Calculator

Compare interest-only line-of-credit cost with an amortised instalment loan.

Free calculator

Loan Comparison Calculator

Compare two loan offers side by side on monthly payment, total interest, and total cost.

Free calculator

Debt-to-Income Calculator

Work out your total debt-to-income ratio and the payment headroom you have at a 40% guideline.

Free calculator

Credit Card Payoff Calculator

See how many months it takes to clear a credit-card balance and the interest you pay.

Free calculator

Payday Loan Rollover Calculator

See the fees paid when a payday loan is rolled over, and why the principal never falls.

Free calculator

We may earn a commission when you click or apply through our links.

Compare Canadian loan offers
Free to compare. No obligation.

Compare Canadian loan offers

Last updated: September 16, 2026 · By the Instalment.ca Editorial Team

We research Canadian lending rules and update these pages when the law, the data, or the available offers change. We are not a lender and we do not provide personal financial advice.

Instalment.ca is a loan matching and comparison service, not a lender.

We may earn a commission when you click or apply through our links.

This is general information, not financial, legal, or tax advice.

Rates and terms vary by lender, creditworthiness, and province. Figures shown are examples only.