Calculate a Loan Payment for a $98,000 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.


  • $98,000 loan for 30 years. Compare monthly payment by interest rate.
Interest Rate Monthly Payment
3.00% $413.17
3.25% $426.50
3.50% $440.06
3.75% $453.85
4.00% $467.87
4.25% $482.10
4.50% $496.55
4.75% $511.21
5.00% $526.09
5.25% $541.16
5.50% $556.43
5.75% $571.90
6.00% $587.56
6.25% $603.40
6.50% $619.43
6.75% $635.63
7.00% $652.00
7.25% $668.53
7.50% $685.23
7.75% $702.08
8.00% $719.09
8.25% $736.24
8.50% $753.54
8.75% $770.97