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Where: r = Monthly Interest Rate. n = Number of Payments. How to Calculate a Car Loan Payment: To find your monthly interest rate, divide your annual interest rate by 12. Most car loans in Canada are quoted as an annual rate, so you'll need to perform this calculation to get your monthly rate.

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Vehicle Loan Calculator. We offer financing options for new or used cars, SUVs, trucks, vans and recreational vehicles that are sold privately or through dealerships. Try our vehicle loan calculator to see how much your monthly payments could be. Vehicle loan amount. Interest Rate1.

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