Sell Equipment

Equipment financing

Understand the financing before the machine

Compare down payment, term, total borrowing cost and equipment condition without guaranteed-approval language or a simulated credit decision.

Financing considerations

  • Purchase price, trade value and cash down payment
  • Financed amount, term and interest-rate assumption
  • Total payments and total interest
  • New versus used equipment and machine age
  • Attachments included in the purchase
  • Taxes, fees and insurance outside the payment

Older and higher-hour equipment

Lender appetite, term and down-payment expectations may change with age, hours, equipment class, condition and documentation. A lower purchase price does not automatically mean a lower total ownership risk.

Payment calculator

Use the interactive estimator below to explore your own assumptions. Calculations stay in your browser; no credit application, credit check or financing offer is submitted.

Open payment calculator

Equipment payment planning · CAD

Estimate your equipment financing payments

Explore purchase price, cash down payment, trade-in credit, term and an assumed interest rate. Compare estimated monthly repayments and interest before speaking with a financing provider.

Demonstration, not a quote: the default 8% nominal annual rate is an editable example. It is not a current lender rate, offered rate or APR.

Build your scenario

Enter 0 for amounts that do not apply. Currency amounts are rounded to cents.

Purchase price only. Enter financed tax separately.

Cash applied to the purchase, separate from trade-in credit.

Credit toward this purchase, not cash paid. Enter 0 if none.

Enter a specific financed amount, or 0. Fees paid separately are excluded.

Enter a known financed amount, or 0. Provincial tax and trade-in tax treatment are not calculated.

Default 8% is a demonstration assumption. It is not a current lender rate, offered rate or APR.

1–180 months for illustration; this range does not represent lender availability.

Calculations stay in this browser. No credit check, application, personal information, saved scenario or financial-input transmission.

Your illustrative monthly payment

Enter your scenario, then calculate. All amounts are in Canadian dollars.

Your result will appear here after you calculate. Changing an input clears the previous estimate so it cannot be mistaken for a current result.

Calculation assumptions and limits

Amount financed equals purchase price plus your included fees and tax, less cash down payment and trade-in credit. A fixed nominal annual interest assumption is divided by 12 for monthly amortization. It is not a regulatory APR calculation.

These estimates are for planning only. Real terms may differ with lender approval, equipment condition, fees, taxes, payment frequency, compounding and credit review. This model does not include balloon or residual payments, prepayments, leases or variable rates.

Taxes and fees are excluded unless you enter a specific financed amount. Insurance and other separately paid costs are excluded. No provincial tax or trade-in tax adjustment is inferred. The calculator does not offer credit, obtain a credit report, submit an application or guarantee approval.

For general comparison guidance, see the Financial Consumer Agency of Canada’s consumer auto-financing guide. Commercial equipment arrangements may differ.