Calculate a Loan Payment for a $228,000 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.


  • $228,000 loan for 30 years. Compare monthly payment by interest rate.
Interest Rate Monthly Payment
3.00% $961.26
3.25% $992.27
3.50% $1,023.82
3.75% $1,055.90
4.00% $1,088.51
4.25% $1,121.62
4.50% $1,155.24
4.75% $1,189.36
5.00% $1,223.95
5.25% $1,259.02
5.50% $1,294.56
5.75% $1,330.55
6.00% $1,366.98
6.25% $1,403.84
6.50% $1,441.12
6.75% $1,478.80
7.00% $1,516.89
7.25% $1,555.36
7.50% $1,594.21
7.75% $1,633.42
8.00% $1,672.98
8.25% $1,712.89
8.50% $1,753.12
8.75% $1,793.68