Calculate a Loan Payment for a $231,000 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.


  • $231,000 loan for 30 years. Compare monthly payment by interest rate.
Interest Rate Monthly Payment
3.00% $973.91
3.25% $1,005.33
3.50% $1,037.29
3.75% $1,069.80
4.00% $1,102.83
4.25% $1,136.38
4.50% $1,170.44
4.75% $1,205.01
5.00% $1,240.06
5.25% $1,275.59
5.50% $1,311.59
5.75% $1,348.05
6.00% $1,384.96
6.25% $1,422.31
6.50% $1,460.08
6.75% $1,498.26
7.00% $1,536.85
7.25% $1,575.83
7.50% $1,615.19
7.75% $1,654.91
8.00% $1,695.00
8.25% $1,735.43
8.50% $1,776.19
8.75% $1,817.28