Calculate a Loan Payment for a $388,000 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.


  • $388,000 loan for 30 years. Compare monthly payment by interest rate.
Interest Rate Monthly Payment
3.00% $1,635.82
3.25% $1,688.60
3.50% $1,742.29
3.75% $1,796.89
4.00% $1,852.37
4.25% $1,908.73
4.50% $1,965.94
4.75% $2,023.99
5.00% $2,082.87
5.25% $2,142.55
5.50% $2,203.02
5.75% $2,264.26
6.00% $2,326.26
6.25% $2,388.98
6.50% $2,452.42
6.75% $2,516.56
7.00% $2,581.37
7.25% $2,646.84
7.50% $2,712.95
7.75% $2,779.68
8.00% $2,847.01
8.25% $2,914.91
8.50% $2,983.38
8.75% $3,052.40