Calculate a Loan Payment for a $230,000 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.


  • $230,000 loan for 30 years. Compare monthly payment by interest rate.
Interest Rate Monthly Payment
3.00% $969.69
3.25% $1,000.97
3.50% $1,032.80
3.75% $1,065.17
4.00% $1,098.06
4.25% $1,131.46
4.50% $1,165.38
4.75% $1,199.79
5.00% $1,234.69
5.25% $1,270.07
5.50% $1,305.91
5.75% $1,342.22
6.00% $1,378.97
6.25% $1,416.15
6.50% $1,453.76
6.75% $1,491.78
7.00% $1,530.20
7.25% $1,569.01
7.50% $1,608.19
7.75% $1,647.75
8.00% $1,687.66
8.25% $1,727.91
8.50% $1,768.50
8.75% $1,809.41