Calculate a Loan Payment for a $500,000 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.


  • $500,000 loan for 30 years. Compare monthly payment by interest rate.
Interest Rate Monthly Payment
3.00% $2,108.02
3.25% $2,176.03
3.50% $2,245.22
3.75% $2,315.58
4.00% $2,387.08
4.25% $2,459.70
4.50% $2,533.43
4.75% $2,608.24
5.00% $2,684.11
5.25% $2,761.02
5.50% $2,838.95
5.75% $2,917.86
6.00% $2,997.75
6.25% $3,078.59
6.50% $3,160.34
6.75% $3,242.99
7.00% $3,326.51
7.25% $3,410.88
7.50% $3,496.07
7.75% $3,582.06
8.00% $3,668.82
8.25% $3,756.33
8.50% $3,844.57
8.75% $3,933.50