Calculate a Loan Payment for a $389,000 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.


  • $389,000 loan for 30 years. Compare monthly payment by interest rate.
Interest Rate Monthly Payment
3.00% $1,640.04
3.25% $1,692.95
3.50% $1,746.78
3.75% $1,801.52
4.00% $1,857.15
4.25% $1,913.65
4.50% $1,971.01
4.75% $2,029.21
5.00% $2,088.24
5.25% $2,148.07
5.50% $2,208.70
5.75% $2,270.10
6.00% $2,332.25
6.25% $2,395.14
6.50% $2,458.74
6.75% $2,523.05
7.00% $2,588.03
7.25% $2,653.67
7.50% $2,719.94
7.75% $2,786.84
8.00% $2,854.34
8.25% $2,922.43
8.50% $2,991.07
8.75% $3,060.26