Calculate a Loan Payment for a $589,000 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.


  • $589,000 loan for 30 years. Compare monthly payment by interest rate.
Interest Rate Monthly Payment
3.00% $2,483.25
3.25% $2,563.37
3.50% $2,644.87
3.75% $2,727.75
4.00% $2,811.98
4.25% $2,897.53
4.50% $2,984.38
4.75% $3,072.50
5.00% $3,161.88
5.25% $3,252.48
5.50% $3,344.28
5.75% $3,437.24
6.00% $3,531.35
6.25% $3,626.57
6.50% $3,722.88
6.75% $3,820.24
7.00% $3,918.63
7.25% $4,018.02
7.50% $4,118.37
7.75% $4,219.67
8.00% $4,321.87
8.25% $4,424.96
8.50% $4,528.90
8.75% $4,633.67