Calculate a Loan Payment for a $1,000,000 Loan
Loan Amount:        $
Interest Rate:        %
Length in Years:
Monthly Payment:  


  • Enter your loan amount, loan length, and length in years.
  • Common Loan lengths for cars are 3 years (36 months), 4 years (48 months), and 5 years (60 months).
  • Common Loan lengths for homes are 15 years, 20 years, 25 years, or 30 years.
  • Notice how the payment changes when the interest rate is 3,4,5,6 or 7 percent.


  • $1,000,000 loan for 30 years. Compare monthly payment by interest rate.
Interest Rate Monthly Payment
3.00% $4,216.04
3.25% $4,352.06
3.50% $4,490.45
3.75% $4,631.16
4.00% $4,774.15
4.25% $4,919.40
4.50% $5,066.85
4.75% $5,216.47
5.00% $5,368.22
5.25% $5,522.04
5.50% $5,677.89
5.75% $5,835.73
6.00% $5,995.51
6.25% $6,157.17
6.50% $6,320.68
6.75% $6,485.98
7.00% $6,653.02
7.25% $6,821.76
7.50% $6,992.15
7.75% $7,164.12
8.00% $7,337.65
8.25% $7,512.67
8.50% $7,689.13
8.75% $7,867.00