Loan Payment Calculator
Calculate monthly payments and interest for personal and business loans.
Open toolFree Loan & Finance Calculators for Canadians
Instantly calculate mortgage payments, car loans, credit card interest, savings growth and investment returns. LoanCalc.ca helps Canadians compare borrowing options and make confident financial decisions.
No signup • Free tools • Mobile friendly • Accurate results
Quick Loan Snapshot
Loan & Finance Tools
Use our calculators to compare payments, interest costs, amortization and long-term financial impact.
Mortgage Calculator
Estimate mortgage payments, down payment impact, and long-term interest.
Open toolCar Loan Calculator
Find out your estimated car payment including interest and term length.
Open toolCredit Card Interest Calculator
See how long it takes to pay off a balance and total interest owed.
Open toolSavings Goal Calculator
Plan monthly contributions to meet your future savings goals.
Open toolInvestment Calculator
Estimate future value of investments using compounding growth.
Open toolDebt Payoff Calculator
Calculate how long it takes to eliminate debt with payments and extra contributions.
Open toolWhy Use LoanCalc.ca?
LoanCalc.ca is designed for Canadian homeowners, borrowers and investors who want clear, accurate financial insights without complicated tools. Our calculators follow Canadian amortization and interest rules, giving you realistic estimates before you make a financial decision.
- ✔ 100% free — no signup required
- ✔ Designed specifically for Canadian borrowers
- ✔ Fast, responsive and easy to use
- ✔ Works perfectly on mobile and desktop
- ✔ Accurate interest and payment formulas
How Loan Interest Works in Canada
Loans in Canada use amortized interest, meaning every payment includes a mix of interest and principal reduction. Over long periods — especially mortgages — interest can add up significantly. Using a calculator helps you compare different terms, interest rates, and payment frequencies before committing to a lender.