Calculate a Loan Payment for a $284,000 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.


  • $284,000 loan for 30 years. Compare monthly payment by interest rate.
Interest Rate Monthly Payment
3.00% $1,197.36
3.25% $1,235.99
3.50% $1,275.29
3.75% $1,315.25
4.00% $1,355.86
4.25% $1,397.11
4.50% $1,438.99
4.75% $1,481.48
5.00% $1,524.57
5.25% $1,568.26
5.50% $1,612.52
5.75% $1,657.35
6.00% $1,702.72
6.25% $1,748.64
6.50% $1,795.07
6.75% $1,842.02
7.00% $1,889.46
7.25% $1,937.38
7.50% $1,985.77
7.75% $2,034.61
8.00% $2,083.89
8.25% $2,133.60
8.50% $2,183.71
8.75% $2,234.23