$945
Estimated monthly payment
Aircraft loan calculator
Estimate the monthly payment on an aircraft loan in Canada. Set the price, down payment, rate and term to see your payment, total interest and the real cost of financing. It's a planning estimate — your lender's actual terms will vary.
$96,000
Amount financed
$24,000
Down payment
$74,163
Total interest
$194,163
Total cost
Estimates only. Interest is calculated as a standard amortized loan; real quotes depend on the lender, the aircraft's age and your credit, and may include fees, taxes and insurance not shown here. Not financial advice.
Financing an aircraft in Canada
Aircraft loans work much like a car loan but over a longer term, usually with the aircraft as collateral. Expect roughly 15–20% down, terms of 10–20 years, and a rate that reflects the aircraft's age and your credit. Remember the payment is only part of the picture — factor in insurance, hangarage, maintenance and engine reserves with our ownership cost calculator, and if you're importing from the US, check the true landed cost with our import calculator.
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Browse aircraft for sale across Canada, compare prices by make and model, or read the guide to what aircraft really cost.
Common questions
Can you finance an aircraft in Canada?
Yes. Specialist aircraft lenders and some banks and credit unions finance aircraft in Canada. Terms are typically shorter than a mortgage — often 10 to 20 years — with a down payment of roughly 15–20%, and the aircraft itself usually serves as collateral.
What down payment do I need to buy a plane?
Most aircraft lenders look for about 15–20% down, and sometimes more for older aircraft, taildraggers, floatplanes or experimentals. A larger down payment lowers both your monthly payment and the total interest you pay.
What interest rate should I expect on an aircraft loan?
Rates move with the market and depend on the aircraft's age, your credit and the loan term. Use the calculator to model a range — a percentage point or two makes a real difference over a 15-year term.
Does financing affect the true cost of ownership?
Yes — the loan payment sits on top of hangar, insurance, fuel, maintenance and engine reserves. Run those with our ownership cost calculator so you see the full monthly picture, not just the loan.