Calculate a Loan Payment for a $3000 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.


  • $3000 loan for 30 years. Compare monthly payment by interest rate.
Interest Rate Monthly Payment
3.00% $12.65
3.25% $13.06
3.50% $13.47
3.75% $13.89
4.00% $14.32
4.25% $14.76
4.50% $15.20
4.75% $15.65
5.00% $16.10
5.25% $16.57
5.50% $17.03
5.75% $17.51
6.00% $17.99
6.25% $18.47
6.50% $18.96
6.75% $19.46
7.00% $19.96
7.25% $20.47
7.50% $20.98
7.75% $21.49
8.00% $22.01
8.25% $22.54
8.50% $23.07
8.75% $23.60