Important Notice:

This calculator is provided as a convenience to our website visitors, and no financial decision should be based solely on the use of this or any online calculator. We encourage you to seek advice from a qualified professional regarding all personal finance issues.



Canadian Loan Payment Calculator with Amortization Schedule
This calculator will compute a loan's monthly payment amount based on the principal amount borrowed, the length of the loan and the annual interest rate. Then, once you have computed the monthly payment, click on the "Create Amortization Schedule" button to create a report you can print out. Note that each time you change one of the loan's variables you will need to recalculate the monthly payment before creating the Amortization Schedule.

How much are you looking to borrow?
What is the loan's annual interest rate?
What is the amortization of the loan in years?
This is the amount of your monthly payment.
Amortization Schedule
Number of years to amortize:
Select Loan Start Date: