Your balance, year by year
What you still owe at the end of each year, and how each year’s payments split between principal and interest.
- Balance owed
- Principal paid
| Year | Principal paid | Interest paid | Balance at year end |
|---|---|---|---|
| Year 1 | $17,717 | $9,502 | $90,283 |
| Year 2 | $19,475 | $7,743 | $70,808 |
| Year 3 | $21,408 | $5,811 | $49,401 |
| Year 4 | $23,532 | $3,686 | $25,868 |
| Year 5 | $25,868 | $1,350 | $0 |
| Total | $108,000 | $28,092 |
The table fills in with your figures.
Method
How the payment works
A standard loan: the same payment every month, from the first to the last.
Amount financed
The price before GST/PST, less your down payment.
Monthly rate
The yearly rate divided by twelve.
Equal payments
Each payment covers that month’s interest; the rest pays down the balance, which reaches $0 on the last one.
Apply when ready
Your figures go to Blue Capital’s application. The decision is on approved credit.
What moves it
Four levers on your payment
Down payment
More down means less financed, and less interest on it.
Term
A longer term lowers the payment and adds interest overall.
Rate
Every point of rate changes the interest in every payment.
What’s left out
GST/PST, lender fees and insurance are not in the estimate.
FAQ
Questions about the estimate
Is this an offer of credit?
No. It is an estimate only, not an offer of credit. Financing is subject to credit approval (OAC) through our sister company Blue Capital Equipment Finance Ltd., an affiliated broker, at the same Surrey yard. Your actual rate and payment depend on your business and credit profile.
Mainland Truck & Trailer Sales receives no referral fee from Blue Capital.
Where does the starting rate come from?
It is our estimate rate, 9.5% a year as of 2 Oct 2026: a starting point, not a quote. Your actual rate depends on your business and credit profile, so change the rate field to try yours.
How fast is a decision?
Same-day approvals through our sister company Blue Capital Equipment Finance Ltd., on approved credit.
Does the estimate include GST/PST?
No. The price is before GST/PST, and taxes, lender fees and insurance are not included.
Can I use this payment in my cost per km?
Yes. “Use this payment in cost per mile” takes the monthly figure to the cost per mile calculator.