Calculate a Loan Payment for a $280,000 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.


  • $280,000 loan for 30 years. Compare monthly payment by interest rate.
Interest Rate Monthly Payment
3.00% $1,180.49
3.25% $1,218.58
3.50% $1,257.33
3.75% $1,296.72
4.00% $1,336.76
4.25% $1,377.43
4.50% $1,418.72
4.75% $1,460.61
5.00% $1,503.10
5.25% $1,546.17
5.50% $1,589.81
5.75% $1,634.00
6.00% $1,678.74
6.25% $1,724.01
6.50% $1,769.79
6.75% $1,816.07
7.00% $1,862.85
7.25% $1,910.09
7.50% $1,957.80
7.75% $2,005.95
8.00% $2,054.54
8.25% $2,103.55
8.50% $2,152.96
8.75% $2,202.76