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Amortizing Loan Calculator (Canadian)

Enter your desired payment and number of payments, select a payment frequency of Weekly, Bi-weekly or Monthly - and the tool will calculate your payment. Or, enter in the payment and the tool will calculate your loan amount. You can then examine your principal balances by payment, total of all payments made, and total interest paid.

Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.