A GOOD DECISION STARTS HERE

Let’s start with your car.

A few details. One honest picture of what it could cost.

01 / 03

Start with a listing, or explore an example estimate.

Which car are you considering?Asking price

Before tax and licensing. Include fees already in the advertised price.

Cash down

Loan length

Driving each year

About 308 km a weekYour cityHelps estimate insurance

Age range for insuranceOptional. A quote for this car overrides the age-based estimate.

Refine this estimate Budget, rate, insurance ⌄

Monthly target

Optional cap for car spending.Credit range

9.64% modelled APR. This is the midpoint of a modelled range, not a lender offer.

Check my household budget Income, expenses & savings ⌄

Start with your real monthly life. Blank amounts stay unknown; enter 0 if none. These answers stay in your browser.

01 What comes in

Monthly take-home income

After tax and payroll deductions. You can combine household take-home amounts.

02 What you already spend

Existing monthly expenses

Housing, bills, debt and any current car costs. Exclude savings and the new car.

03 Keep room for your priorities

Savings & breathing room

Monthly savings and money you want to leave untouched. Exclude savings already deducted from take-home pay.

04 How does this car fit in?

Is this replacing a car?

Room for a car, after your prioritiesLet’s fill in the gaps

Add income, expenses, savings and your car situation to see your available budget.

✓ Free to explore · No signup · No credit check

Example monthly car budget

$1,110per month, all-in

9.64% APR60 months7.29% to 11.99% estimated for your credit

Where the money goes

per month

Loan amounts below use 9.64% modelled APR over 60 months. 7.29–11.99% modelled range.

Loan payment
$568
9.64% APR60 months7.29% to 11.99% estimated for your credit

Insurance$233

Estimated for Toronto, age 25–34 and your vehicle class. Your actual premium can be outside this range.

Fuel$170

16,000 km a year. Official market readings and available model-year ratings are used; otherwise the disclosed vehicle-class assumptions apply.

Upkeep + licensing$139

A maintenance reserve plus licensing spread over the loan term. This is money to set aside, not a monthly bill or a repair prediction.

Calculate without JavaScript

Vehicle price before taxDown paymentLoan length for calculationAnnual driving for calculationFor a complete calculator without JavaScript, enter your numbers in the full calculator. Its forms and results work without interactive steps.

Your next stepSee the whole picture