Calculate a Loan Payment for a $300 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.


  • $300 loan for 30 years. Compare monthly payment by interest rate.
Interest Rate Monthly Payment
3.00% $1.26
3.25% $1.31
3.50% $1.35
3.75% $1.39
4.00% $1.43
4.25% $1.48
4.50% $1.52
4.75% $1.56
5.00% $1.61
5.25% $1.66
5.50% $1.70
5.75% $1.75
6.00% $1.80
6.25% $1.85
6.50% $1.90
6.75% $1.95
7.00% $2.00
7.25% $2.05
7.50% $2.10
7.75% $2.15
8.00% $2.20
8.25% $2.25
8.50% $2.31
8.75% $2.36