Calculate a Loan Payment for a $188,000 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.


  • $188,000 loan for 30 years. Compare monthly payment by interest rate.
Interest Rate Monthly Payment
3.00% $792.62
3.25% $818.19
3.50% $844.20
3.75% $870.66
4.00% $897.54
4.25% $924.85
4.50% $952.57
4.75% $980.70
5.00% $1,009.22
5.25% $1,038.14
5.50% $1,067.44
5.75% $1,097.12
6.00% $1,127.15
6.25% $1,157.55
6.50% $1,188.29
6.75% $1,219.36
7.00% $1,250.77
7.25% $1,282.49
7.50% $1,314.52
7.75% $1,346.86
8.00% $1,379.48
8.25% $1,412.38
8.50% $1,445.56
8.75% $1,479.00