Calculate a Loan Payment for a $220,000 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.


  • $220,000 loan for 30 years. Compare monthly payment by interest rate.
Interest Rate Monthly Payment
3.00% $927.53
3.25% $957.45
3.50% $987.90
3.75% $1,018.85
4.00% $1,050.31
4.25% $1,082.27
4.50% $1,114.71
4.75% $1,147.62
5.00% $1,181.01
5.25% $1,214.85
5.50% $1,249.14
5.75% $1,283.86
6.00% $1,319.01
6.25% $1,354.58
6.50% $1,390.55
6.75% $1,426.92
7.00% $1,463.67
7.25% $1,500.79
7.50% $1,538.27
7.75% $1,576.11
8.00% $1,614.28
8.25% $1,652.79
8.50% $1,691.61
8.75% $1,730.74