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Payday Loan Calculator

Estimate the total repayment amount before you borrow so you can make a clearer short-term decision.

Loan Cost Calculator

Knowing the full repayment amount matters more than knowing the amount you want to borrow. This calculator gives you a quick estimate based on the current cost cap used on SameDayPaydayLoans.ca so you can see the likely repayment amount before you apply.

Important: this is an estimate only. Actual loan offers, timing, and eligibility depend on the lender, your province, and your personal circumstances.

I want to borrow: $500
Loan Amount $500.00
Estimated Borrowing Fee $70.00
Typical Short-Term Window About 14 days
Estimated Total Repayment $570.00

How to Use the Estimate

Once you see the estimated repayment amount, compare that number with your next expected pay. Ask yourself one simple question: will repaying this amount leave enough room for rent, food, utilities, and transportation? If the answer is no, consider a smaller amount or a different option altogether.

Best use case

A one-time emergency where repayment already fits your next pay cycle.

Bad use case

Covering ongoing monthly shortfalls, rolling debt, or replacing a full budget plan.