Calculate a Loan Payment for a $296,000 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.


  • $296,000 loan for 30 years. Compare monthly payment by interest rate.
Interest Rate Monthly Payment
3.00% $1,247.95
3.25% $1,288.21
3.50% $1,329.17
3.75% $1,370.82
4.00% $1,413.15
4.25% $1,456.14
4.50% $1,499.79
4.75% $1,544.08
5.00% $1,588.99
5.25% $1,634.52
5.50% $1,680.66
5.75% $1,727.38
6.00% $1,774.67
6.25% $1,822.52
6.50% $1,870.92
6.75% $1,919.85
7.00% $1,969.30
7.25% $2,019.24
7.50% $2,069.67
7.75% $2,120.58
8.00% $2,171.94
8.25% $2,223.75
8.50% $2,275.98
8.75% $2,328.63