Calculate a Loan Payment for a $244,000 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.


  • $244,000 loan for 30 years. Compare monthly payment by interest rate.
Interest Rate Monthly Payment
3.00% $1,028.71
3.25% $1,061.90
3.50% $1,095.67
3.75% $1,130.00
4.00% $1,164.89
4.25% $1,200.33
4.50% $1,236.31
4.75% $1,272.82
5.00% $1,309.84
5.25% $1,347.38
5.50% $1,385.41
5.75% $1,423.92
6.00% $1,462.90
6.25% $1,502.35
6.50% $1,542.25
6.75% $1,582.58
7.00% $1,623.34
7.25% $1,664.51
7.50% $1,706.08
7.75% $1,748.05
8.00% $1,790.39
8.25% $1,833.09
8.50% $1,876.15
8.75% $1,919.55