Calculate a Loan Payment for a $488,000 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.


  • $488,000 loan for 30 years. Compare monthly payment by interest rate.
Interest Rate Monthly Payment
3.00% $2,057.43
3.25% $2,123.81
3.50% $2,191.34
3.75% $2,260.00
4.00% $2,329.79
4.25% $2,400.67
4.50% $2,472.62
4.75% $2,545.64
5.00% $2,619.69
5.25% $2,694.75
5.50% $2,770.81
5.75% $2,847.84
6.00% $2,925.81
6.25% $3,004.70
6.50% $3,084.49
6.75% $3,165.16
7.00% $3,246.68
7.25% $3,329.02
7.50% $3,412.17
7.75% $3,496.09
8.00% $3,580.77
8.25% $3,666.18
8.50% $3,752.30
8.75% $3,839.10