Calculate a Loan Payment for a $123,000 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.


  • $123,000 loan for 30 years. Compare monthly payment by interest rate.
Interest Rate Monthly Payment
3.00% $518.57
3.25% $535.30
3.50% $552.32
3.75% $569.63
4.00% $587.22
4.25% $605.09
4.50% $623.22
4.75% $641.63
5.00% $660.29
5.25% $679.21
5.50% $698.38
5.75% $717.79
6.00% $737.45
6.25% $757.33
6.50% $777.44
6.75% $797.78
7.00% $818.32
7.25% $839.08
7.50% $860.03
7.75% $881.19
8.00% $902.53
8.25% $924.06
8.50% $945.76
8.75% $967.64