How to Finance Dental Implants in Canada
At $3,000–$6,000 CAD for a single implant and $20,000–$80,000+ for full-mouth restorations, dental implants represent a significant financial commitment for most Canadians. The good news is that multiple financing options exist to make implant treatment accessible through monthly payment plans, low-interest loans and tax-advantaged accounts.
Understanding the full range of financing options — and how to combine them effectively — can make the difference between accessing the implant treatment you need and deferring care indefinitely. Many Canadians finance implants through a combination of insurance reimbursement, financing and tax-advantaged accounts to minimise out-of-pocket cost.
Monthly Payment OptionsMonthly Payment Plans for Dental Implants in Canada
- Medicard 0% Financing: For qualifying patients, Medicard offers 0% interest promotional periods of 6–18 months at participating Canadian dental practices. A $5,000 implant financed over 12 months at 0% = approximately $417/month. After the promotional period, standard Medicard rates apply (typically 14.9–29.9%).
- LendCare Monthly Payments: LendCare offers fixed monthly payment plans for dental implants. A $5,000 implant over 36 months at 14.9% = approximately $173/month. Quick approval process, available at many Canadian dental practices.
- In-House Practice Plans: Some Canadian dental practices offer their own 0% payment plans for established patients, typically over 6–12 months. No credit check may be required for long-term patients.
- Fairstone Personal Loan: For Canadians who may not qualify for preferred financing. A $5,000 loan over 36 months at 29.99% = approximately $202/month. Higher cost but accessible with lower credit scores.
Estimated Monthly Payments for Dental Implants in Canada
| Treatment Cost | 12 months (0%) | 24 months (9.9%) | 36 months (14.9%) | 60 months (19.9%) |
|---|---|---|---|---|
| $3,000 | $250/mo | $138/mo | $104/mo | $79/mo |
| $5,000 | $417/mo | $230/mo | $173/mo | $132/mo |
| $10,000 | $833/mo | $460/mo | $346/mo | $264/mo |
| $25,000 | $2,083/mo | $1,150/mo | $865/mo | $660/mo |
| $50,000 | $4,167/mo | $2,300/mo | $1,730/mo | $1,320/mo |
Estimates only. Actual payments depend on approved rate and terms. Always confirm with your financing provider. All figures are approximate and for informational purposes only. Verify independently before making any decisions.
Insurance & TaxReducing Implant Costs Through Insurance & Tax
Private Insurance: Submit implant costs to your dental insurer. While most plans do not cover the implant post, many cover the crown component (typically 50% up to annual maximum). A $1,500 insurance reimbursement on a $5,000 implant reduces your financing need to $3,500.
Medical Expense Tax Credit (METC): Dental implant costs that exceed 3% of your net income (or $2,635 CAD, whichever is less) may be claimed as a Medical Expense Tax Credit on your federal and provincial tax returns, providing a 15%+ credit on eligible expenses.
Health Spending Account (HSA): If your employer provides an HSA, use it to pay for implant costs with pre-tax dollars. Effectively a 30–50% discount depending on your marginal tax rate.
CDCP: CDCP provides limited implant coverage for eligible patients in specific clinical circumstances. Verify current coverage directly with Sun Life Financial before treatment.
Best Strategy: Combine approaches — submit to insurance first, apply any CDCP benefits, use HSA funds for remaining balance, then finance the remainder through 0% Medicard financing if available. This combination minimises both the amount financed and the interest paid.