Calculate a Loan Payment for a $342,000 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.


  • $342,000 loan for 30 years. Compare monthly payment by interest rate.
Interest Rate Monthly Payment
3.00% $1,441.89
3.25% $1,488.41
3.50% $1,535.73
3.75% $1,583.86
4.00% $1,632.76
4.25% $1,682.43
4.50% $1,732.86
4.75% $1,784.03
5.00% $1,835.93
5.25% $1,888.54
5.50% $1,941.84
5.75% $1,995.82
6.00% $2,050.46
6.25% $2,105.75
6.50% $2,161.67
6.75% $2,218.21
7.00% $2,275.33
7.25% $2,333.04
7.50% $2,391.31
7.75% $2,450.13
8.00% $2,509.47
8.25% $2,569.33
8.50% $2,629.68
8.75% $2,690.52