Skip to main content
🧮

Payday Loan Calculator

Calculate your payday loan repayment in Canadian dollars. Enter the loan amount, term, and annual percentage rate to see your estimated monthly payment and total cost. Canadian payday loans are regulated provincially — maximum rates vary by province.

$100$1,500
16 months
391.0%

* Estimate only. Actual terms depend on your province and lender.

Your Estimate

Monthly Payment
$662.92
Total Interest
$162.92
Total Repayment
$662.92

Tip: Canadian payday loan costs are capped at $15 per $100 borrowed in most provinces.

How to Use the Calculator

1

Enter loan amount

Slide or type the amount you need (up to $1,500).

2

Set repayment term

Choose the number of months for repayment.

3

Adjust APR

Enter the annual percentage rate from your lender’s offer.

4

View results

Review estimated monthly payment, total interest, and total cost.

Ready to Compare?

See rates from licensed Canadian lenders.

Compare Offers
Credizen

Credizen helps you compare payday loans across all of Canada. We connect borrowers with licensed lenders offering fast approval, transparent fees, and responsible lending practices.

Compare payday loans responsibly. See rates, fees, and terms before you apply.

✓ FCAC Regulated 🔒 Data Protection
© 2026 Credizen. All rights reserved.
Follow Us:

Credizen is a comparison platform. We are not a lender. We connect borrowers with licensed lenders. Information is updated regularly, but we recommend you verify details on the lender's website before applying. All lenders are subject to provincial and federal regulations.

⚠️ 18+ Only • Borrow Responsibly

Emergency Financial Help

If you're experiencing financial difficulties, contact your local financial counseling service.

  • South Africa: National Credit Regulator - 0860 627 627
  • Romania: ANPC - 0213142200
  • Colombia: Superintendencia Financiera - (571) 594 2222
  • Poland: KNF - 22 262 5000
  • Czech Republic: ČNB (Česká národní banka) - 224 411 111
Skip to main content