Payday Loan Calculator

Find out your loan payments!

Determining your loan payments can be confusing. ICASH wants to make this process easy and intuitive, putting you in charge. We have put in place a calculator that tells you know exactly how much you will pay on each payment depending on the amount you would like to borrow and the number of payments. Start below!

Where do you live?

How much would you like to borrow?

100 250 500 750 1000 1250 1500

What is your pay frequency?

Number of repayments

With our lower costs and the flexibility to repay your loan over several instalments, iCASH is the #1 choice in online loans in Canada.

The cost of borrowing is calculated according to the payday loan legislation of each province:

Province Interest fee
Alberta $15 per $100
British Columbia $15 per $100
Manitoba $17 per $100
New Brunswick $15 per $100
Nova Scotia $17 per $100
Ontario $15 per $100
Prince Edward Island $15 per $100

The cost of borrowing is calculated as a percentage of the amount borrowed.


Province: British Columbia
Loan amount: 300$
Pay frequency: bi-weekly
Repayment terms: 3

You will have to repay 3 payments of 115$.

When you need a short-term loan in Canada, it’s easy to get confused as to which financial solution is right for your specific situation. Many factors need to be considered such as the payback period, wait time to receive your funds, interest rates, incentive and loyalty programs, and so much more! To help simplify the decision-making process, iCASH has put together this easy-to-follow loan calculator page with a detailed breakdown of everything you need to know before you borrow!

The first thing to consider is the period needed to pay back your loan. At iCASH we are proud to offer our customers the option to pay back in 1 or multiple installments*. This allows our customers the flexibility to properly budget as well as the freedom to decide what works best for their situation. The loan calculator below will detail the exact repayment instalment amount based on the payment terms desired. This way you can see the exact amount per paycheck that you would need to budget.

In addition to the amount of your repayments, one of the most frequently asked questions is the interest rate on these loans. A common misconception is that the rates are exorbitant! Nothing could be further from the truth. After entering the required information in the loan calculator below, the exact amount of interest charged per loan will be detailed. There are no additional fees or hidden charges. Transparency is part of iCASH’s commitment to responsible lending.

And while doing your comparison shopping for the right personal loan for you, look for the lender that truly values your business. At iCASH, we developed a unique reward program in order to offer something as a Thank You to our valued customers. Our Cashback program earns our customers a percentage back on the cost of borrowing – even after the very first loan!

iCASH logo Traditional Payday Lenders Lenders with brokerage fee
Flexible repayment plans*      
Offers cashback program for more savings*      
Free membership benefits      
No hidden charges   
E-transfer in the next 5 minutes      
Get a loan now


Get an easy, safe and fast loan


Complete the secure online loan application in minutes. No documents are required. Be instantly approved and receive an e-transfer within 5 minutes after electronically signing your contract. Even on weekend and Holidays!


Apply from the comfort of your home - no more faxing documents or waiting in line. Our instant online loan process is flexible and convenient.


Simply fill an easy online application and you can be instantly approved for your cash. Get the repayment schedule that suits your needs with 1 or multiple installments*.


We will add a 5 days grace period before starting to repay your loan on your next pay date. This means you will have an extra 5 days to pay us back with no extra fees.


As licensed lenders, we are fully compliant with provincial laws and regulations, and our transparent lending process means no hidden fees and no surprises.


We give you the option to repay your loan in one or multiple payments* while paying the same interest fee!

Borrow and Save!
Get up to 20% in Cashback!*

iCASH offers a unique Cashback program to reward its customers. You can get back up to 20% of the cost of borrowing paid once your loan is repaid and receive your Cashback direct into your bank account the same day. Real saving and real Money!*