Calculate a Loan Payment for a $302,000 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.


  • $302,000 loan for 30 years. Compare monthly payment by interest rate.
Interest Rate Monthly Payment
3.00% $1,273.24
3.25% $1,314.32
3.50% $1,356.11
3.75% $1,398.61
4.00% $1,441.79
4.25% $1,485.66
4.50% $1,530.19
4.75% $1,575.37
5.00% $1,621.20
5.25% $1,667.66
5.50% $1,714.72
5.75% $1,762.39
6.00% $1,810.64
6.25% $1,859.47
6.50% $1,908.85
6.75% $1,958.77
7.00% $2,009.21
7.25% $2,060.17
7.50% $2,111.63
7.75% $2,163.56
8.00% $2,215.97
8.25% $2,268.83
8.50% $2,322.12
8.75% $2,375.84