Calculate a Loan Payment for a $246,000 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.


  • $246,000 loan for 30 years. Compare monthly payment by interest rate.
Interest Rate Monthly Payment
3.00% $1,037.15
3.25% $1,070.61
3.50% $1,104.65
3.75% $1,139.26
4.00% $1,174.44
4.25% $1,210.17
4.50% $1,246.45
4.75% $1,283.25
5.00% $1,320.58
5.25% $1,358.42
5.50% $1,396.76
5.75% $1,435.59
6.00% $1,474.89
6.25% $1,514.66
6.50% $1,554.89
6.75% $1,595.55
7.00% $1,636.64
7.25% $1,678.15
7.50% $1,720.07
7.75% $1,762.37
8.00% $1,805.06
8.25% $1,848.12
8.50% $1,891.53
8.75% $1,935.28