★ AUTO LOAN CALCULATOR · CANADIAN TAX MATH

The 84-month trap. Visualized.

Canadian auto loans now run up to 96 months — longer terms drop the monthly but rack up interest. This tool plays out all 6 term scenarios so you see the trade-off in dollars, not vibes.

YOUR MONTHLY · 60mo @ 8.49%$604
AMOUNT FINANCED$29,465
SALES TAX$3,965
TOTAL INTEREST$6,798
TOTAL OUT OF POCKET$41,263
★ CHART · TERM COMPARISON ★

The longer the term, the more you pay

36 months3 years
$930/mo+$4,015 interest
48 months4 years
$726/mo+$5,389 interest
60 months5 years
$604/mo+$6,798 interest
72 months6 years
$524/mo+$8,241 interest
84 months7 years
$466/mo+$9,719 interest
96 months8 years
$424/mo+$11,231 interest
Principal · $29,465 Interest paid