Calculate a Loan Payment for a $87,000 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.


  • $87,000 loan for 30 years. Compare monthly payment by interest rate.
Interest Rate Monthly Payment
3.00% $366.80
3.25% $378.63
3.50% $390.67
3.75% $402.91
4.00% $415.35
4.25% $427.99
4.50% $440.82
4.75% $453.83
5.00% $467.03
5.25% $480.42
5.50% $493.98
5.75% $507.71
6.00% $521.61
6.25% $535.67
6.50% $549.90
6.75% $564.28
7.00% $578.81
7.25% $593.49
7.50% $608.32
7.75% $623.28
8.00% $638.38
8.25% $653.60
8.50% $668.95
8.75% $684.43