Calculate a Loan Payment for a $48,800 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.


  • $48,800 loan for 30 years. Compare monthly payment by interest rate.
Interest Rate Monthly Payment
3.00% $205.74
3.25% $212.38
3.50% $219.13
3.75% $226.00
4.00% $232.98
4.25% $240.07
4.50% $247.26
4.75% $254.56
5.00% $261.97
5.25% $269.48
5.50% $277.08
5.75% $284.78
6.00% $292.58
6.25% $300.47
6.50% $308.45
6.75% $316.52
7.00% $324.67
7.25% $332.90
7.50% $341.22
7.75% $349.61
8.00% $358.08
8.25% $366.62
8.50% $375.23
8.75% $383.91