Calculate a Loan Payment for a $122,000 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.


  • $122,000 loan for 30 years. Compare monthly payment by interest rate.
Interest Rate Monthly Payment
3.00% $514.36
3.25% $530.95
3.50% $547.83
3.75% $565.00
4.00% $582.45
4.25% $600.17
4.50% $618.16
4.75% $636.41
5.00% $654.92
5.25% $673.69
5.50% $692.70
5.75% $711.96
6.00% $731.45
6.25% $751.17
6.50% $771.12
6.75% $791.29
7.00% $811.67
7.25% $832.26
7.50% $853.04
7.75% $874.02
8.00% $895.19
8.25% $916.55
8.50% $938.07
8.75% $959.77