Calculate a Loan Payment for a $88,000 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.


  • $88,000 loan for 30 years. Compare monthly payment by interest rate.
Interest Rate Monthly Payment
3.00% $371.01
3.25% $382.98
3.50% $395.16
3.75% $407.54
4.00% $420.13
4.25% $432.91
4.50% $445.88
4.75% $459.05
5.00% $472.40
5.25% $485.94
5.50% $499.65
5.75% $513.54
6.00% $527.60
6.25% $541.83
6.50% $556.22
6.75% $570.77
7.00% $585.47
7.25% $600.32
7.50% $615.31
7.75% $630.44
8.00% $645.71
8.25% $661.11
8.50% $676.64
8.75% $692.30