Calculate a Loan Payment for a $48,000 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.


  • $48,000 loan for 30 years. Compare monthly payment by interest rate.
Interest Rate Monthly Payment
3.00% $202.37
3.25% $208.90
3.50% $215.54
3.75% $222.30
4.00% $229.16
4.25% $236.13
4.50% $243.21
4.75% $250.39
5.00% $257.67
5.25% $265.06
5.50% $272.54
5.75% $280.11
6.00% $287.78
6.25% $295.54
6.50% $303.39
6.75% $311.33
7.00% $319.35
7.25% $327.44
7.50% $335.62
7.75% $343.88
8.00% $352.21
8.25% $360.61
8.50% $369.08
8.75% $377.62