Auto Loan Payment Calculator for Calgary

Definitions
Payment: Payment for the frequency of this loan.

Vehicle price (before tax): This is the total cost of your auto purchase. Include the cost of the vehicle, additional options and destination charges. Don't include GST + PST or HST in this amount. This tax will be calculated for you and included in your total after-tax price.


Term: Number of months for this loan.
Interest rateAnnual interest rate for this loan.


Payment Frequency: Choose how often payments will be made. The options are weekly (52 payments per year), bi-weekly (26 payments per year), and monthly (12 payments per year).


Down Payment: Total amount of cash and/or factory rebates used in this purchase. The larger your cash down payment the smaller the loan you will need to finance this purchase.


Trade in Value: The total amount that you are given for any automobile that you trade-in as part of this purchase.


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. GST + PST or HST is calculated on the purchase price less trade-in.