KNOW YOUR NUMBERS

Franchise Loan Calculator

Explore what a franchise loan could mean for your monthly cash flow. Adjust the amount, rate and repayment period, or work backwards from a payment you can afford.

Estimate your franchise loan payments

Compare payments, interest and repayment options. Free to use, with no sign-up. All amounts are in Canadian dollars.

Your loan details

Loan amount CAD

$10,000Type any amount up to $50M

Annual interest rate

Repayment period

months

Annual rate shown is an example. Use your quoted rate.

More optionsExtra payments, fees & loan structure

Optional. Blank loan term uses the full repayment period.

Loan term months

Upfront fees CAD

A shorter term can leave a balance due at maturity. Fees are paid separately, not financed.

Extra each payment CAD

Interest-only start months

One-time extra CAD

At payment number

Interest-only months are included in the repayment period. Extra payments assume your lender permits them without penalty.

Your calculations stay in your browser.

Your estimated payment

CAD

Edit loan details

60 scheduled payments

—

per month

Principal + interest

Total repaid—

Total interest—

How this is calculated

Let’s plan your franchise financing.

Apply for Financing

Planning estimate, not a financing offer. Actual rates, fees and lender terms may differ.

Explore your repayment

Schedule, savings, comparisons and sharing

Save or share your estimate

Your remaining balance

60 months

Remaining balanceFully repaid

Payment schedule

See principal, interest and balance for each payment.

Estimated amortization schedule in Canadian dollars
Year	Payments	Principal	Interest	Balance

How this franchise loan calculator works

The calculator uses a fixed nominal annual interest rate compounded monthly, with equal monthly payments. The starting rate is an example, not a current offer. Enter your lender’s quoted rate and check that the calculation method matches your proposal.

Calculation method and assumptions

Monthly payment = P × r ÷ [1 − (1 + r)⁻ⁿ], where P is the loan amount, r is the nominal annual interest rate (as a percentage) divided by 1,200 and n is the number of amortizing monthly payments. At 0% interest, payment equals P ÷ n.

The repayment period is the amortization used to calculate the payment. A shorter loan term leaves a maturity balance, shown separately and included in total repaid. No future refinancing rate is assumed. Interest-only months are included within the repayment period, leaving fewer months to repay principal afterward.

Upfront fees are paid separately, not added to the loan. Extra payments reduce principal without reducing the scheduled regular payment; they are capped at the remaining balance. Interest savings compare the selected term with the same loan without extra payments. Prepayment penalties, insurance, taxes and costs not entered are excluded.

Calculations retain precision internally and display amounts rounded to cents. Totals can differ slightly from sums of rounded rows. Budget mode assumes full amortization and excludes advanced options. Equal payment periods are used, without calendar dates or daily interest accrual.

These are planning estimates, not rate quotes, loan approvals or affordability assessments. Actual lender rates, fees and terms may differ. Calculations run in your browser; saved comparisons last only for this visit. A shared scenario link contains the inputs in its URL and can be read by anyone you share it with.

FundMyFranchise.ca — Franchise Loan Calculator. Fixed nominal annual rate compounded monthly, equal monthly periods, no prepayment penalty modelled. Fees are paid separately and any maturity balance is included in total repaid. Amounts are estimates in CAD, rounded for display.

Turn an estimate into a financing plan

Start with your total project cost

Include the franchise fee, equipment, leasehold improvements, deposits and an operating cash buffer. Subtract the investment you can contribute to estimate the financing gap.

Test more than one scenario

Compare a higher rate, a slower opening and a different amortization. A comfortable payment should leave room for royalties, rent, wages and seasonal changes in revenue.

Check the lender’s actual offer

Rates, payment frequency, compounding, fees and prepayment rules vary. Calculator outputs are illustrations, not a financing approval, quote or promise of available terms.

Plan your down payment →Build your business plan →Prepare your documents →

LET’S PLAN YOUR NEXT STEP

Bring your franchise plans to us.

We’ll review the project, prepare your business plan and help you approach suitable lenders.