Calculate a Loan Payment for a $124,000 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.


  • $124,000 loan for 30 years. Compare monthly payment by interest rate.
Interest Rate Monthly Payment
3.00% $522.79
3.25% $539.66
3.50% $556.82
3.75% $574.26
4.00% $591.99
4.25% $610.01
4.50% $628.29
4.75% $646.84
5.00% $665.66
5.25% $684.73
5.50% $704.06
5.75% $723.63
6.00% $743.44
6.25% $763.49
6.50% $783.76
6.75% $804.26
7.00% $824.98
7.25% $845.90
7.50% $867.03
7.75% $888.35
8.00% $909.87
8.25% $931.57
8.50% $953.45
8.75% $975.51