Calculate a Loan Payment for a $243,000 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.


  • $243,000 loan for 30 years. Compare monthly payment by interest rate.
Interest Rate Monthly Payment
3.00% $1,024.50
3.25% $1,057.55
3.50% $1,091.18
3.75% $1,125.37
4.00% $1,160.12
4.25% $1,195.41
4.50% $1,231.25
4.75% $1,267.60
5.00% $1,304.48
5.25% $1,341.85
5.50% $1,379.73
5.75% $1,418.08
6.00% $1,456.91
6.25% $1,496.19
6.50% $1,535.93
6.75% $1,576.09
7.00% $1,616.69
7.25% $1,657.69
7.50% $1,699.09
7.75% $1,740.88
8.00% $1,783.05
8.25% $1,825.58
8.50% $1,868.46
8.75% $1,911.68