Calculate a Loan Payment for a $300,000 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.


  • $300,000 loan for 30 years. Compare monthly payment by interest rate.
Interest Rate Monthly Payment
3.00% $1,264.81
3.25% $1,305.62
3.50% $1,347.13
3.75% $1,389.35
4.00% $1,432.25
4.25% $1,475.82
4.50% $1,520.06
4.75% $1,564.94
5.00% $1,610.46
5.25% $1,656.61
5.50% $1,703.37
5.75% $1,750.72
6.00% $1,798.65
6.25% $1,847.15
6.50% $1,896.20
6.75% $1,945.79
7.00% $1,995.91
7.25% $2,046.53
7.50% $2,097.64
7.75% $2,149.24
8.00% $2,201.29
8.25% $2,253.80
8.50% $2,306.74
8.75% $2,360.10