Calculate a Loan Payment for a $602,000 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.


  • $602,000 loan for 30 years. Compare monthly payment by interest rate.
Interest Rate Monthly Payment
3.00% $2,538.06
3.25% $2,619.94
3.50% $2,703.25
3.75% $2,787.96
4.00% $2,874.04
4.25% $2,961.48
4.50% $3,050.25
4.75% $3,140.32
5.00% $3,231.67
5.25% $3,324.27
5.50% $3,418.09
5.75% $3,513.11
6.00% $3,609.29
6.25% $3,706.62
6.50% $3,805.05
6.75% $3,904.56
7.00% $4,005.12
7.25% $4,106.70
7.50% $4,209.27
7.75% $4,312.80
8.00% $4,417.26
8.25% $4,522.62
8.50% $4,628.86
8.75% $4,735.94