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Plan your purchase with our free Farm & Agriculture Equipment Loan Calculator for Canada. In a few taps you can estimate payments for tractors, combines, backhoes, balers, skid steers, sprayers, and other equipment.
Start with ready-made presets, enter your APR, term, down payment, rebates, taxes, and fees, then see your per-period and monthly equivalents, amount financed, and full amortization. Disclaimer: Estimates are for illustration only. Confirm final terms with your lender or dealer.
Use our free Farm Equipment Loan Calculator to estimate payments for tractors, combines, backhoes, balers, skid steers and more. Tap a preset to pre-fill realistic price, term, and APR ranges; add down payment, trade-in, taxes, and fees, and see your payment breakdown instantly. For illustration only — confirm final terms with your lender or dealer.
Tap a tile to pre-fill typical price, term, and APR assumptions. You can edit any field below.
Percent and amount sync automatically.
What your current equipment is worth.
Outstanding loan. Negative equity is rolled into the new loan.
Enter your province’s applicable tax. Some ag equipment may be tax-exempt or zero-rated — confirm locally.
Monthly equivalent includes principal & interest only. Taxes/fees affect amount financed based on your inputs.
Showing the first 12 periods by default. Expand to 60 or full schedule.
| Period | Payment | Interest | Principal | Balance |
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Get pre-qualified in minutes and see offers you can actually get.
This tool is for education and planning. Actual offers depend on credit, income, asset age/condition, business financials, and lender policies.
Your payment depends on the amount financed (price minus down payment and rebates, plus taxes/fees/warranty and any negative equity), your APR, the loan term, and payment frequency. Seasonal frequencies can align with harvest revenue.
Smarter Loans connects you with trusted Canadian lenders.
Using the standard amortization formula based on the amount financed, APR, and number of payments. This calculator supports monthly, quarterly, semi-annual, and annual schedules.
Price minus down payment and rebates, plus applicable sales tax, dealer/admin fees, optional warranty/add-ons, and any negative equity from a trade-in.
Tax treatment varies by province and equipment category. The calculator includes a tax field for estimates; confirm with your dealer and provincial rules.
Seasonal payments (quarterly, semi-annual, or annual) can align with harvest cash flow. Monthly smooths costs year-round.
Loans build equity and suit long-term ownership. Leases can lower payments with a residual and work well for frequent upgrades.
Many lenders allow lump sums or accelerated payments. Extra principal reduces total interest and shortens the term. Check your agreement for prepayment terms.
It provides realistic estimates based on inputs. Actual offers vary by lender, credit, business financials, and asset age/condition.
