Calculate a Loan Payment for a $308,000 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.


  • $308,000 loan for 30 years. Compare monthly payment by interest rate.
Interest Rate Monthly Payment
3.00% $1,298.54
3.25% $1,340.44
3.50% $1,383.06
3.75% $1,426.40
4.00% $1,470.44
4.25% $1,515.17
4.50% $1,560.59
4.75% $1,606.67
5.00% $1,653.41
5.25% $1,700.79
5.50% $1,748.79
5.75% $1,797.40
6.00% $1,846.62
6.25% $1,896.41
6.50% $1,946.77
6.75% $1,997.68
7.00% $2,049.13
7.25% $2,101.10
7.50% $2,153.58
7.75% $2,206.55
8.00% $2,259.99
8.25% $2,313.90
8.50% $2,368.25
8.75% $2,423.04