Calculate a Loan Payment for a $305,000 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.


  • $305,000 loan for 30 years. Compare monthly payment by interest rate.
Interest Rate Monthly Payment
3.00% $1,285.89
3.25% $1,327.38
3.50% $1,369.59
3.75% $1,412.50
4.00% $1,456.12
4.25% $1,500.42
4.50% $1,545.39
4.75% $1,591.02
5.00% $1,637.31
5.25% $1,684.22
5.50% $1,731.76
5.75% $1,779.90
6.00% $1,828.63
6.25% $1,877.94
6.50% $1,927.81
6.75% $1,978.22
7.00% $2,029.17
7.25% $2,080.64
7.50% $2,132.60
7.75% $2,185.06
8.00% $2,237.98
8.25% $2,291.36
8.50% $2,345.19
8.75% $2,399.44