Calculate a Loan Payment for a $116,000 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.


  • $116,000 loan for 30 years. Compare monthly payment by interest rate.
Interest Rate Monthly Payment
3.00% $489.06
3.25% $504.84
3.50% $520.89
3.75% $537.21
4.00% $553.80
4.25% $570.65
4.50% $587.75
4.75% $605.11
5.00% $622.71
5.25% $640.56
5.50% $658.64
5.75% $676.94
6.00% $695.48
6.25% $714.23
6.50% $733.20
6.75% $752.37
7.00% $771.75
7.25% $791.32
7.50% $811.09
7.75% $831.04
8.00% $851.17
8.25% $871.47
8.50% $891.94
8.75% $912.57