Calculate a Loan Payment for a $298,000 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.


  • $298,000 loan for 30 years. Compare monthly payment by interest rate.
Interest Rate Monthly Payment
3.00% $1,256.38
3.25% $1,296.91
3.50% $1,338.15
3.75% $1,380.08
4.00% $1,422.70
4.25% $1,465.98
4.50% $1,509.92
4.75% $1,554.51
5.00% $1,599.73
5.25% $1,645.57
5.50% $1,692.01
5.75% $1,739.05
6.00% $1,786.66
6.25% $1,834.84
6.50% $1,883.56
6.75% $1,932.82
7.00% $1,982.60
7.25% $2,032.89
7.50% $2,083.66
7.75% $2,134.91
8.00% $2,186.62
8.25% $2,238.77
8.50% $2,291.36
8.75% $2,344.37