Loans by Repayment Term
Choose terms from 3 to 60 months that fit your budget. A shorter term means less total interest; a longer term means a lower monthly payment.
Reviewed by the 365loan Editorial Team · Last updated July 7, 2026
How Term Length Changes Your Loan
The repayment term you choose is one of the biggest factors in what a loan actually costs you. A shorter term — 3 or 6 months — keeps total interest low but means a higher monthly payment. A longer term — 36, 48, or 60 months — lowers the monthly payment but adds up to meaningfully more interest over the life of the loan.
Term length and loan amount are connected: smaller amounts are typically paired with shorter terms, while our largest loans can extend to 60 months. Pick a term below to see real monthly payment and total cost examples.
3 Months
See real payment examples for a 3-month loan term.
6 Months
See real payment examples for a 6-month loan term.
12 Months
See real payment examples for a 12-month loan term.
18 Months
See real payment examples for a 18-month loan term.
24 Months
See real payment examples for a 24-month loan term.
36 Months
See real payment examples for a 36-month loan term.
48 Months
See real payment examples for a 48-month loan term.
60 Months
See real payment examples for a 60-month loan term.
Ready to Find Your
Best Loan Rate?
Join 50,000+ Canadians who found better rates in minutes. Free to use, no obligation, no impact on your credit score.
Check My Rate — It's FreeSubscribe to our newsletter
Rate drops, credit tips, and new lender offers — straight to your inbox. No spam.