Calculate a Loan Payment for a $187,000 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.


  • $187,000 loan for 30 years. Compare monthly payment by interest rate.
Interest Rate Monthly Payment
3.00% $788.40
3.25% $813.84
3.50% $839.71
3.75% $866.03
4.00% $892.77
4.25% $919.93
4.50% $947.50
4.75% $975.48
5.00% $1,003.86
5.25% $1,032.62
5.50% $1,061.77
5.75% $1,091.28
6.00% $1,121.16
6.25% $1,151.39
6.50% $1,181.97
6.75% $1,212.88
7.00% $1,244.12
7.25% $1,275.67
7.50% $1,307.53
7.75% $1,339.69
8.00% $1,372.14
8.25% $1,404.87
8.50% $1,437.87
8.75% $1,471.13