Calculate a Loan Payment for a $980,000 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.


  • $980,000 loan for 30 years. Compare monthly payment by interest rate.
Interest Rate Monthly Payment
3.00% $4,131.72
3.25% $4,265.02
3.50% $4,400.64
3.75% $4,538.53
4.00% $4,678.67
4.25% $4,821.01
4.50% $4,965.52
4.75% $5,112.14
5.00% $5,260.85
5.25% $5,411.60
5.50% $5,564.33
5.75% $5,719.01
6.00% $5,875.60
6.25% $6,034.03
6.50% $6,194.27
6.75% $6,356.26
7.00% $6,519.96
7.25% $6,685.33
7.50% $6,852.30
7.75% $7,020.84
8.00% $7,190.89
8.25% $7,362.41
8.50% $7,535.35
8.75% $7,709.66