Calculate a Loan Payment for a $48,500 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.


  • $48,500 loan for 30 years. Compare monthly payment by interest rate.
Interest Rate Monthly Payment
3.00% $204.48
3.25% $211.08
3.50% $217.79
3.75% $224.61
4.00% $231.55
4.25% $238.59
4.50% $245.74
4.75% $253.00
5.00% $260.36
5.25% $267.82
5.50% $275.38
5.75% $283.03
6.00% $290.78
6.25% $298.62
6.50% $306.55
6.75% $314.57
7.00% $322.67
7.25% $330.86
7.50% $339.12
7.75% $347.46
8.00% $355.88
8.25% $364.36
8.50% $372.92
8.75% $381.55